20220808Application.pdf

ROCKY MOUNTAIN
POWERY r.1
; ii !J'lC 1407 W. North Temple, Suite 330
Salt Lake City, Utah 84116
i; , ,
,l
August 8,2022
VIA ELECTRONIC DELIYERY
Jan Noriyuki
Commission Secretary
Idaho Public Utilities Commission
I l33l W Chinden Blvd
Building 8 Suite 20lA
Boise,lD 83714
Re: CASE NO. PAC-E-zz-ll
IN TI{E MATTER OF THE APPLICATION FOR APPROVAL OF THE
ASSET TRANSFER AGREEMENT BETWEEN ROCKY MOUNTAIN
POWER A}ID TIIE CITY OF IDAHO FALLS _ REED'S DAIRY
Dear Ms. Noriyuki:
Enclosed for electronic filing in the above-mentioned matter is 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 for Reed's Dairy as described in this Application.
truly yours,
SVP, Regulation and Customer / Community Solutions
Enclosures
"^-D
Emily L. Wegener (ISB# 11614)
Rocky Mountain Power
1407 W. North Temple, Suite 320
Salt Lake City, Utah 841l6
Telephone: [phone]
Email : Em i ly. Wegener@pacifi corp.com
Attorneyfor RoclE Mountain Power
BEFORE TIIE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF TITE APPLICATION
FOR APPROVAL OF TI{E ASSET
TRANSFER AGREEMENT BETWEEN
ROCKY MOUNTAIN POWER AND THE
CITY OF IDAHO FALLS FOR REED'S
DAIRY
CASE NO. PAC.E.22-II
APPLICATION OF
ROCKY MOUNTAIN POWER
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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 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 the City to purchase certain electric facilities
currently owned and used by the Company to supply electric service to Reed's Dairy as more
particularly described in the Agreement. In support of this Application, Rocky Mountain
Power states as follows:
l. Rocky Mountain Power, a division of PacifiCorp, &n Oregon corporation,
located at 1407 West North Temple, Salt Lake City, Utah 84116, is authorized to do and is
doing business in the State of Idaho. The Company provides retail electric service to
approximately 86,500 customers in the state and is subject to the jurisdiction of the
Commission. The Company's retail certificated service territory encompasses portions of
APPLICATION OF
ROCKY MOUNTAIN POWER
Page I
Fremont, Madison, Teton, Clark, Jefferson, Lemhi, Oneida, Bannock, Franklin, Caribou,
Buffe, 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 Company is transferring service and facilities to the City and
the City has a bona-fide intent and financial ability to provide service to the customer being
transferred. The City's municipal service territory is surrounded by Rocky Mountain Power's
service territory. The City has annexed additional area and would like to extend service to
Reed's Dairy within the City's boundaries.
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 5,2017.1
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.2
5. The Service Allocation Agreement provides for the transfer of customers'
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
I In the Matter of the Join Application of the City of ldaho Falls and Rocly Mountain Powerfor Approval of a
Service Allocotion Agreement,Case No. PAC-E-17-12, Order No.33943 (December 5,2017).
2 Service Allocation Agreement.
APPLICATION OF
ROCKY MOUNTAIN POWER
Page2
facilities used 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 respective
customer's electric bills from the prior twelve-month period of service. 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 serve that customer.
6. Reed's Dairy has requested that their electric service be transferred to the City
and has been notified by the Company that it has entered into the Agreement to transfer service.
The Company and the City have agreed to transfer electric service and the City has agreed to
purchase the facilities described in Exhibit A of the Agreement, provided as Attachment
No. I to the Application.
7. The transaction complies with Idaho Code $ 6l-328. Specifically, it is in the
public interest because it reduces duplication of services by the City purchasing the Company's
distribution facilities used to serve Reed's Dairy. The Company will transfer service to the City
and will be adequately compensated for the assets used to serve Reed's Dairy preventing any
increase in costs or rates for service to remaining customers. The City has the intent and ability
to provide service to Reed's Dairy.
II. REQUEST FOR SERVTCE AREA EXEMPTION
8. Rocky Mountain Power and the city of Idaho Falls hereby jointly petition the
Commission for approval of the Asset Transfer Agreement, provided as Attachment No. l, and
transfer of electric service, wherein Idaho Falls agrees to serve the load of the customer and
pay the Company for the assets transferred, as well as the revenue reimbursement, legal and
transaction costs.
APPLICATION OF
ROCKY MOUNTAIN POWER
Page 3
III. COMMUNICATION
9. Communications regarding this Application should be addressed to:
If to Rocky Mountain Power:
Ted Weston
Emily Wegener
1407 W. North Temple, Suite 330
Salt Lake City, Utah 841l6
Telephone: [phone]
Fax: [phone]
Email : Ted. Weston@nac ifi corp.com
Em i ly. Weeener@nacifi 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 matter be
addressed to one or more ofthe following:
By e-mail (prefened):
By regular mail:
APPLICATION OF
ROCKY MOTJNTAIN POWER
datarequest@naci fi com.com
Data Request Response Center
PacifiCorp
825 NE Multnomah, Suite 2000
Portland, OR97232
IV. MODIFIED PROCEDURE
10. Rocky Mountain Power 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, in accordance with
Idaho Public Utilities Commission Rules of Procedure 201-204.
Page 4
V. CONCLUSION
WHEREFORE, Rocky Mountain Power and the city of ldaho Falls respectfully request
that the Commission: l) issue an order authorizing this Application to be processed under
Modified Procedure; 2) issue a final order approving the Asset Transfer Agreement; and 3)
authorize the transfer of electric service for Reed's Dairy from Rocky Mountain Power to the
city of tdaho Falls.
DATED this 8n day of August,2022.
Respectfu lly submitted,
By A^4 UJe^r" ,/0
Emily L. Wegener
1407 West North Temple, Suite 320
Salt Lake City, Utah 841l6
Telephone No. [phone]
Mobile No. [phone]
Email: Em ily.wegener@Aacifi com.com
Attorneyfor Roclqt Mountain Power
APPLICATION OF
ROCKY MOI.JNTAIN POWER
Page 5
Attachment No. 1
Asset Transfer Agreement
Between
Rocky Mountain Power
And
Idaho F'alls Power
Aftachment No. 1
ASSETTRA!{STEN,
AGREDMXITT
BETW.EE!{
ROCIilMOt I'ITAINnOwER
AT{I)
IDAEO TAIJS FOIT'ER
Ilis A$ct Tnogftr Ag3temcot (ftG aa ddcd 6is z ey "tfuotrr*r.?.M2.isb6,areraldahoFallsPwtr,ft€-and
PaoiffCosp, m Orcgm aorpordioo, OUa in Idaho rs Ro*y Momin Powtr RMP md
IFP rrc romcilimcs rEfcrcd to colhctivoly ar ?gticr' and indivt&nlly er ?rty.'
WIIEREAS, RMP orrtdy prcvide rcrvioc b Red'r Ddry C*lod) in Idrho Ftll*
klaho;
WEBBAS, IFP dcdrcs to ptoyidc dcctic sonricc b RGd d nMP ryrc b Eulftr
scrviccb IP; ud
WHEREAS,IFP hrs egcodoFlrriacc doctric frcilftfup wodbynMP inondcrfrrtrP
b pswidc clcaGic scrvioc b Rcds Ed RMP has lSrocdb rcll fuco fuilitics.
NOW TISREFORB ftr Ed in ooriladion of tu rutul prooisc d
cov€omb EDd ooditionE sct ftrft in ltfu lgfm, fro nrtrciooy of wtish is h!n*y mrEd9
afuosldgd md arccpto4 ttcMErhcoGb rgrccas ftlhms:
1. Ilcfirdtims,
Fc pr4necs of lhis Agrmcd, ttc frllovitrg ffis uscd hcrGil hrt not ofihcrwir d.finod
hcrcin +hall havo thc follmrlng ncanlng crtca usd wih initial cqintizadm, wMher dngulr or
phrat:
1.01 'ArccB" mcanr tlrccc ftcililioe crudy osnd by RMP to bc eoquin l by IEP, as
dmibed inE &ibit A"
l.g2 '€onmission' mms tho Idaho h$lic Scvioc Cmmiroion
l.(B "franrfptrcd Ct$mcrtr mems thc Curtmcrs that will bG tlnt'crrcd b IFP ec a
rcsult of&is uanerction
1.04 "Tran& Dde'mms drc drc upm rvhich dl ofthc Transfmcd Ctetomcr shall
bccomo ftc cltrhmcm of IIP. Thc Tlms&c De lhrll bo qgrpd' b in wddog by to Pdica aftlr
PEymd is rccdyod ty RMP md 60 cxmtoal bill of salo is rtcdw.l by Im.
2. Salc aodhn*aroofAssctB.
2.0L Agrd to Bc Sold. Tho ABcEb 6d will bc t]asfccd b IFP ac a rsslt of tho
ThmerodCtmmcaibeingrorvodbyRoc&y }vlorrtrinPowcrrsdcscriHiaB;thibitA-
lboF.lbhtrArcMAf@
hSr I of l0
Attachment No. 1
2,V2 plqchrsc Prbc. Thc Pun,haso Price br tbo Asscts rhrll f,3 cighy.fiy! lbmrsed
fivc hrndrpd ninsty-foru dolhrs ($t5,5%). Tho bmddoum offtc hrnchase Prioo is ircludod in
E:&ibit A.
2.03 Pqmd. The PurchreePricc rtrall be paid b RMP by IEP within fift0a(15)
days of the dste ftis Agrecment is cxosubd by both Putios; such pEmmt shall bc by chcc;k ad
ddivmdo:
Rocky }vlouotain Pos,er Shcllcy Office
2.U Instntmcf,fis pf Cosvcyucc md ltosfcr. Subjcct b 6c disfrcti@ oftho
oonditios prccodent set fofih in Sostim 8 bolow, aad prnurant to dl offte t€rms aod ditioos
offtie Apemcot, iEclrding rrceipt of Palrmcnt by RMP, RMP shEll txqrtr od dclivcr to trP
a bilt of sale to r6t in IfP good d madrctablc titlo to fte Asset$ subjoct m no ranrity
inlcrctte,Iieos mmmbranccs, od subotmtiatly inthe fom ofthc rmexeartcdbill ofsalo
atbohd hcrcto as Exhib,it B.
2.05 hmation of Personal Prrooe(v Tares. PcrsoNral propecty tuce, if applicSlc, BbaU
be ploratcd bctwea RMP and tr? as ofttc Transfer Dae basod rpon days of oumcrship in tbe
tax ;rcor in which ftc Thmsf,a Dde occNno.
2.M Salo+ Tnqsfcrad Othc(Tare& Any sdeq excise, trandcr, purnasc, ute, or
eimilr tax which Eay b payable by reasm of 6c rale of all or a portion of 6c Ass€ts shall bc
bonre mdpaid by IfP.
3. Owncrship Soparation apd Tratrdc&.,lppgation ad Liairimancer-Rigk of t.osg
3.01 Tbuder of C\rstomere. RMP ehall Elinquish deotical sprt ico to tbo Transf€rred
Cusbmcrs at 11:59 a m. Momtain Standad IImG m the Trmsftr Datc. RMP shall bc obligated
to oontinretoprwide electic scrvico md cntidedto rwivepa5rmmt Aom thcsalcmddclive,ry
of elccnric scrrricc rry to I l:59 a.m. on ftp Tnndcn Date. IFP shall have fu nlhsity and ths
obligdim to pmvide electic scrvice to fto Trmsfedtd C\rstomero and rhall be €ilifld to
reccive paymcot from aoy cloctric s€rvicc from ed aft€r 12:00 p.m- Ifisrmain Staodad finc
local timc oa tbe Tranefer Dds, udecs o'thcrs,iee agroed O by tho Paniee in miting. Frm and
aftcrr ftc Tlmsf€r Date, s€rvioc to tte Tlansf€rcd C\rstom€ro nhrll Ss ppvi{g[ by IFP, md IFP
ehall bo rcsponsiblc for all opcrmim. aod ndnteoEace costs aod bcar all risk of loss.
4. Reprrscntatims adliYrrmties ofRMP.
RMPrcprescnte rnd rvffi as follows:
4.01 Oreaoization md Powas of Rockv Momtain Powcr. RMP is En Orogpn
oorpuation, duly orgmizod md validly cristing uadcr the bwe of thc Strate of Oregon, md iB
duly q,'alifiu6 to do blrsinesE iD fte State of ldaho.
4.OZ Ardbority.Relrive to A.secmrm: Govcrnmeatal AUtorization RMP hss lhe
pow€r ard authority to Grcsute and delfircrthie Agraemcot md to csnsuomatcthetransactions
IdaoFr&Por.ri{rotHrroAgmrck5l2of t0
Attachment No. 1
cffimplatod hen6y. This Agrcerncnt hae boen duly and validly afiorizd and oonstitrtos thc
valid and bindiag obligtion ofRMP eoforceable in rccordancc with its terns, exoept as
enforccment may be limited by aplicablc banlrup,tcy, insolvency, reoryeization, monalorium
or similar laws atresting the enforcement of qpditors' rigtfs gcneraly ard ar@ that the
availability of the equiuble runedies of spccific sd injtwtir/B rclicf arc subject b
&e discnetim of thc court bofrre which any procceding may be brought. No doclaration, filiqg
or registration with, or uotioc to, or ailhodzation, cmeent or approvd o[, any govccnmemal or
rcgulam,ry body or authotity is neceeeary for the oxecetrim and dclivery of ftie Agrcement by
RMP or the cffisummdi@ by RMP ofthc trmsactions contemdmA by this fulrocnt
prcvidedtbatRMPmakes no rqlrescntatimorwarrantywithrcsp@tto appm\nts wbic,hmaybc
taquird ft,omthe Idaho PublicUtilitics Commission orthe Federal Energy Rrylatory
Commission"
4.03 Non4ontravention: Approvals. Tho cxecutiotr and delivery of ttis Agt'e€m.mt
and the conguffirutiou of the transactions oonf,qlatd heneby vill not violate, cmflict with or
rcsult in a brcach of aoy prorrisim of or oomtitutc a dchult undcr, or rectrlt iD the tcrmination of
my notc, bmd, mortgagp, indentru,c, deed of tugt, contact, leaso q oilher instumerng obligation
of agrc€m€ot of aoy lo"d to which RMP is rcw a Pa*y or by which any of it, assets may be
bomdorafroctd.
5. Represeilations aodWaranties ofIEP.
IFP rcprescnts and warraote ae follows:
5.01 Ortauization and Pourer of IEP. IEP is duly galified to do b,usinese in tho State of
Idaho.
5.02 ArXboritv Rsl8tivo to As6e@clrt: Gov€rm€,EtalAu$odzarim" If" hasthc
pow€r and authorityto €xecute md deliver this Agrccmdsnd to consmrnatc thetransactims
conterylnted hoeby. This furecm€ot has becn duly md validly arilhorized aod constihse tht
valid md binding obligation of IEP cnforceable in accordancc with its tcrmg acept as
coforcementmay be limitodby ryplioablo baolauptcy, insolvency, ruorganizdion, mmaturium
or similar laws atrocting thc cnforcement of qeditors' rights generally and cxccpt that fte
availability of thc oquitable rmedies of qpcoific pcrformaoce and iqiunstive relief ue n$joct to
fte discretion of tte court before which ary proceeding may be brought. No doclaration, filing
or registrtioo witr, or notice to, or arrthorization, oonseot or approval of, aoy gonerrrrental or
rryrhtory body or arthority is nweesary forthe execution and delivery of this furecment by
IFP.
5.03 NopComtrsv€otion: Anprovalg, the execttion aud delivery ofthis Agement
and the consummatim of the transactioas contemplaled hcreby will not violefii conflict with or
rcsult in a breach of anyprovision of, or omstitlte a defarlt undtr, or rczuft in &e terminatiou of
aoy noto, bon{ nortgpge, inde,nturc, doed of tnrst, oontrac[ Iease or other inetruD€nt, obligatim
or agroement of any kind to which IFP is now a Party orby which any of ite assets maybeboud
or affected.
5. CovcnmbofRMP
IilrhoFdbPtoraArcahrtlrrcAfrm
Plge3 of t0
Attachment No. 'l
RMP covcoas and agrccs as follows:
6.01 Omfuot of Bqshcss. RMP shall providc eorrioe to the Traodcctod CuBhDcm
for tto time paiods sc( forlh in Sstim 3 of this Agrccnt in accordmcc wi& its past prrctices
md shall €ogagc inno matcrialhmsactionrrrclatingtotheTraosfffi€d C\rstsm€rsdofftc
ordinrycouocofbusincgs, inchdiog cot€ring iffi mycontact66 finmcing araagomcotthat
limits RMP's ability to traosftr the Transffi C\rstomcrs to IFP.
6.02 .Bcasonablg Effortq Subj*t to tho Ems ofthis ASTEGEmI d fidrrcirry
oblig4ionsundcrapplicablelaw, RMP shall usc commcrciallyrcason$lcctroftB toeffestrste
thc tansactions contcuplabd by this Agroancnt md to fulfitl dt of ffrc conditiom of fre Parties'
obligations udcr 6ie Asfcmcot anil rhnll do all such acts and +hingr ae rcaemably may h
requircd to carry out RIVIP'g obligtrions hcneundcr and to conrplctc thc tansaction contcmplatod
bythisAgcem€ot
6.03 Notification. RMP will give IFP prompt writcnnoticc of any svcog conditionor
fact uising prim to tho Transfer Date ltat world causo my of its rrprceaatioos aod warrdics
in this Agrocrncnt to bc uffiue in any macrial rcspoct
7. CorreomteofIFP.
IFP covcnante and agrees as follows:
7.01 Bcasmabte Etrortr. Subject to thc ums of rhis Agrcemcrt End fiduciary
obligtions under rylimble law, IEP shall usc coomerciallyrtasonable offorta to oftctratefte
transastions conteurplated by this Agrccment and to fulfill all of thc conditions of thc Parties'
obligations rmder &is Ago€mcnt snd nhell do all such acts and fhi'gs as reasonahly may be
roquircd to carry oS IFP obligationshernmder and to complm 6c ffiosaction confirylatetlby
this Agrcement.
7.trz Notificatioa IFP wil give RMP psompt wdtt€n notice ofany ovcnq condition or
fact arising priorto thc Trmsfcr Datcthatwould cqrse 8ny of its rc,preecotations mdwumtios
itr this Agroemeirtto be unttrein anymaErialrEspcct
7.U3 Edgqgg IFP Bhall d€f€oq indmiry, mdhold trannless RMP, its offccn,
dircctors, oryloyees, t"d agcofis, from and against any and all liability, loss, dmags' clatns' suit
or cause of rction arising out of onrclating to IFP's scrvice to tre Transf€rEd CustomGrc. This
obligntion shall survivs tba tcrmination of this Agrc€m€Nil and completion ofthe tansastims
cont€oplated by this Agrocm€ot.
8. ConditioosMcrutiBiu of Sale.
AIl oftho obligations of RMP rrnder ftis {gfeclrent are srbjtrct to thc fulfillmeot, ptiot to
mdrpon&e ltmtrrDate, of cac.hof the fo[owing mnditions:
8.01 . All rtprcseatatims and
warrantics madc ia this Agrecmeart by IFP shalt bo Eus ad corn ct in all naterial rcspectu as of
Se Traosf€rDate as firlly as thoug[ suchrcpresentretions andwaranties hadbsenmadeon and
6rD0FdbDorrAsaMAgaaP4c{ of l0
Attachment No. 1
as of fte Transfer Datc, and as of fre Ttansfer Datc, IF nhnll fusys coryliod in all material
rcspeots wifr all coveoants made by it in &is .lq\gneEm6t
8.02 Uticatioa At Sc Trmsfrr Datc, the,re ehall rct bc in eftct any orrder, deorog or
injunction of a cornt of oompetortjuriedictimrefainiq& €qioining, orpobibitingtrc
consurmation of fto traruactiono contemplaed by this Agrcem€Bt (oaoh Prty hereby agrseing
to usc its rcasmrble effort\ inchding reasonable appeals to higlcr conrts, to hsvc any such
odo, decree or iq'unction set agide or fifrod), md no action shall have boen takcn, and ro
ststrte, nrlg or regulation shall have bccn €Dacte{ R any state or lidcral gov€rnmcot or
govemmental ag€acy in the United States which would prwent thc consmnation of such
bansactions.
9. $urvival of Represatations ad Warrantips.
All reprcsentations aod warrmties of the Parties, md all liabilityfrerefor, nlrnll eurvive
for a period of me year past ttrc Transfer Datc, at which timc the obtigationr undcr this
sgr€cm.at sh.ll ccase and expire. Notwithstmding fre forgoing; obligafions undcr Segtion 7.04
ofthis Agreemcnt shall continue indefinitely.
10. Temnination
10.01 Tcrmination This Agrec,meut rDay be Erminsted and abaodonod at any time
priorto the Traosf€r Date if
(a) Thc Parties agree in writing to termiaab this Agreement by nntual com€nf; or
O) EP delivers a unitten notice to RMP to the offoct that RI\4P has defrulted in a
material racpeot uader one or more of its ooveiranB and agrccmeots contained hcrein (which
shall be specified h detail in stch aotice), and such condition or oonditims have not bceu
sEtisficd or such defrult or defaults have not bem rcmodied (or waived by IF?) within thirty (30)
days aftm the date srrch notice is deliverod by IEP to RMP; or
(c) RMP dslivers a writta uotice to trP to the effoot ttat mp has defaultcd in a
mdcrial reryect under onc or moro of its covcnants md agrecmffi contaiued brcin (which
sball be specifiod in detail in such notioo), and urch condition u coditions have mt boeo
satisfied or sush default or defaults hsve not beea remediod (or waived by RMP) withintbirty
(30) days after the daE such aotise is delivered by RMP b IFP; or
(d) The Transfcr Date bas not occurred ou or before D*cmber I ,2W2 or ruoh
latcr&te to whichtheterm of this AgrcemeotInaybe extendedpursuant to mutual agrementof
the Parties, prrovided ftat oae of the Partics gives notice to the othcr so tconin*ing ftis
Agreemmt md tbat the Parly secking suc,ht€rminationhas notdpfaultedinamamsrrcsponsible
for delaying the Trmsfer Date past Decambcr 1,2V22.
10.02 Effect of Termination. Bxcept where specifio terms and conditions of this
Agreement povide tfoat such terms and comditions sundvc tcrmination of &is Agrccme,fi, my
termin8tion prsumt 1s tl'is section l0 shall relieve bo& Partics hcrsto of their obligations s*
forth hcrcin, and any such t€rminatiotr ootrstihrtes a ftilure of the cmditions to tho obligations of
IddoFdb PowcrAraMrofura
PrBc t ofl0
Attachment No. 't
tte Prtios to irylcmcnt this Agfoem.cat, erccptthEt mtring hrrcin will rcliore any Puty ftom
liabilig for ary brcach of tlis Ageemeot
ll. AsdornmCUt
NeilhcrPrty msy aengnitsrights nrdffthis furccmcdto ary&ftd party withos&c
snitco cmrcot of the otrEr Pafiy.
12. hrisdictim of Remilsfiorv Adhodtieg
In tte orcnt&rt thc Cmmission o my otbrr state fadcm[ or mrmicipal arlhority
dctcminos 6at aoyprcvieioaofftie Agreemmt oonf,ictswiftoris in violdionof ryplicablc
law, orissuco mymlcs, rcgulationt, or ordcrs wtichrcquircRocky ldormtainPowcrb alterc
ecod ayof$oprovisions ofthis AgrceorcotortoterminsbihisAgrlcmd, or 6a o&crrvisc
tr€cludc ornterially intrfere with orrcscindtho tansfcr of aseeils comqlmd bcrein, thiB
Agrematartomatically Bhaltbeucndodb comptywith nrchdecnuinatioo, ameodmeot, nrle,
rqulrtioa or order; or, if eo ordesoE this AgrGcDd shall trmioatc witLottr ctrocnbg nmsfcr of
the Trmsfcn€d Cbrtorers to IFP; and in any of ths forqoing cr/cot$ RMP Sall notbe liablc b
IFP br damagos or locses of aay tind wtmoarcr, including conro$rcatial dmagec, whic,h IEP
oay sudain as arcNIt of srn dctEmindion, amemdmcnt, rulg rEgulation, c ordcr, or
nodifioation mtemination of this tmsEction.
13. Miscollanoous.
13.01 Amendment. This Agrccmcm BBy be meided ody by an inrtnrm.cd in writitrg
executedby thc Prties wbic,h crprceelyrtfers to this Agrcemed and statEs that it is ao
amcodmdhff€fio.
13.02 Sectim mC Puaq+hHcadines. fbc Sction and Suboectionhcodirgs containcd
itr this Agrc€orcot are forrefereoccpurposesonly md shalt notinanyway affeotthomcaning or
inrcryrctatim of &is Agrccmeot
13.03 Waiv€r. Any ofthe terms or conditims of i* Agrocmeot nay bo waived at ary
time md ftom time b time in wdting; by the Party cffilld to tlre bcnofit of such t€f,Es or
conditions.
13.(N JITRY WAXSER. TO THE TTILLEST EXTENT PERMITTEI' BY I,Aw'
EACE OF TIIE PARIIES WATVES ANYRIGET II MAY HAVE TO ATRIALBY
JT'RY IN RESPECT OT LMGATION DIRECILY ORINDINECTLYARISINGOTIT
oF, UITDER OR,IN CONNDCIION WrrE THIS AGREEIITENT. EACE PARTY
FT'RTIIIR,WAI\IES AI{Y RIGET TO CONSOLIDATE AhTY ACrION INWEICE A
JI'RY TRIAL EAS BEEN WAil/ED WTTE AI{Y OTHM.ACTION IN WHICE AJT'RY
TRIAL CAI{NOTBE OREAS NOT BffiIV WATVEI'.
r3.O4 LIMITAT,ION OT NEI}TEDIES. TINDER.NO CIRCI'IIfSTANCES SEALL
ETTEET. pARTy BE LTABLE FOR Ar{Y CONSEQTTEI{TTAL, EXEtrtrPt/lRY,
PrINImm+ SPECIAL, INDIRECT OR TNCTDENTAL ITAMAGES OR EOONOMTC
IdrhoFdbPowcraahr&rA3raa
hro6of l0
Aftachment No. 1
LOSSES ARIIIING OI,T Or AIYY CLAnfi, DEMAIID, OnACTION BROITGtrr WIIE
RE$TECT TO THIS AGNEEMEtrIIT.
13.05 Noti6. All ndicce, roqucstq dcmrndq ald o6cr oounniodioar gvu by IFP
c Ro*y ltilqfrain Powcr sh.tl bc in wdting md shdl bo dmod b haw bcGo fuly giwn wtm
Uoopio4 stca deliwrod pcnonatry in writing or whon dcpaibrl im 6E lldbd $1g[g meil,
bfufo[oviogad&rcoces:
Ifb Rodry ltlor@in Powc:Rocky}ImnthPoryer
TiEotryL Sobmm
Rryiual Buaim IvImlgE
510 RutAvurc
Idabo Fdb,ID t3{01
Wi& aoopyo:RoclrylfiouorinPow
Offimof GocmlCouud
t4ry, N. \[Gil Tqlo Suilo 320
Salt l.akc IFP, Utrh 84t16
c b such ofrsr d&Bs as IFP orRodry Itfiorutain Pwor may dcrignme h vdtinS;
13.06 Ieurdod Aurocmcnt This Agmmt, uttco c*osUod, offiilss fu dirc
qgrmcstbstwcco 6c Prticr hcrcto wilh rcryoct b thc Asootr d!fild in ltis Agra6d, ad
flryGrEodB edrcg[tos allptriu linc cfitcodm ogrc!@Eotl od undsrmliagA Gd adudfrco,
bctscco6cPrticehcosb wihrcspcst to tbc A$ctr
13.0/ C@rout. This ASrccmcd mty bc crmrbd in ooutaprtsr cach ofrvldch
shall fu all prpm bo doemod to bc m originil d rvhich chdl cmgttttc ms od thp eru
instnmo.
IN WIII{ESS WIIBREOF, frc Partics hr/c dSEGd 6ir ASFocmGd u ofthc dato
frgtlborrc wriltco.
IDAEO FAITS FOWER FOWER
B],:
-#fr4-:)
By.
Nms Trrvle Prairic
Itfle Gcocnll{eegcr
bhLlour:A*bAfpa
htD 7 of l0
Mtt.f*,6F-
*rrrlNre:cL
Titlo:Q6.
Attachment No. 1
EXEIEIT A
DESCTIPTION AITI' VAI,I'E Otr ASSETS
8rbhritrH?lffi**n .
Fon ldrho Frlh, ldrho . RmdrDrlry
AntVrltnfonRrqrtd by: Xrtlrn BallcyXibfil lJd
FBCAptDrEltldm ACDOIIIT $naer Cf,r l{lfV
Srlrr
Pdcr
4)'pole
#2-AS
*+AS
4'rlscr
fr5mo(
S0kvaxfmr
T5lcvaxfmr
199{
1SE
158
1996
1gg7
1958
r95:l
REEDS D'UR'II . CUSiTO}IER
REYEI{UEOMPOTIET{T
[ionft Amount
July
August
September
october
November
Decernber
January
February
March
Aprll
May
Juna
Total
l67t6rrool
1
170
3/m
30
90
2
1
3Ar
:155
:165
366
!1517
368
358
1,169ln
565
8g
170
l,33il
7il
Total a,1tt
$s,3s2.32
$+,zgg.ga
$c,zl+.0q
$3,6f,7,74
s3382.e6
$r,zgs.05
s3r12.s6
$,8p't,u
S3,518.25
$3,533.(E
54,076.82
S4,zg2,7s
$f7,536.86
979,386.56
lfioFrbDoltrArrtPudrrfum
PBs8off0
Attacfiment No. 1
Rocky huntaln Power
Prcposed Sele ln Place,ldaho Falb, Heho - Recd'e Dalry
Valuc of lnventory
SalrrPdcaDcrrlo0m
Pbnt ln Sonlco
364
:165
368
367
36E
Phnt h scnnce
Pde, Tounn etd Fbrturs
OsimdCondrctop& Daacct
Undcrgmmd Cordit
tmeryDund Cotduc*sr grd llaiccl
lJne TXsngbmd!
$r,180
1003
$8e
sl70
02,096
s4,187
hcorne Taxcs
Srlc Prlcr.&HngAE!3
Etpcnrc
S+srtlon Ertlmetor Costs
l2ltfonthc Rasuc A$TVo
Legdflhrlractim Oogte
Tota! Expcn$
Tolal Srb Prico
$1,241
sa128
$280
$79,387
s500
$80,16,
$E5,594
IdrtoFdb Eor.r
AaaothEhla^sF @.[a
lhg; 9 ofl0
a
Attachment No. 1
Sdlor:
Buycr:
ExhlbftB
BIII OT SAI,E
RoclryIlfounh Porrr
IdrhoFdlrPwcr
For rnhublc cmsidcrrtim, of whic& &o uodcdg!'rd aclnonlodgo roodpt, toalfog
$t5,59+, RocJV lvlomin Powcr (Scllcd), hatby gruE, btgains, sclh, md &livcm b Idabo
Falls Porpcr (Buy€!t), prumtto an ArctfffiAgrcocot d&d u of
dl of i6 dtttB, tifls od inhot in d b dl of thc Assob ligril on
&hibit A, ectcd o said Arsct Trusfcr Agr@fit, md pacntly in &c Pocecrsi@ of
Cmpaoy.
THE ASSETS ARE SOLD AND DELTVERBD TO BT'YER. ..AS IS, STHERE IS."
ROCI(Y MOUNTAIN POWER.HBREBY DISCLAIIvIS AI{D E((I,UDES
HBREEROIvf, (A) ANf EX(PRESS OR IMruED RBRESENTAIION OR\IARRANTY AS
TO TIIB VAI,tIq CCIIIDmON, DESIGT{, OPERATION, OR QUAtXly OF IIIE
MATBRIAIS OR WORXMANSIIIP IN, OR AIIY DEIIECTII IN THB ASSETS; (B) AI.IY
E'IPRESS OR IMruED WARRANTY OT MERCHANTIBILTTY ORFIIIiIESS FORI'SB
oR FOR A PARTTCT,JLAR Pt RgOSq OR (C) ANy EX(PRESS OR TMpUBD
REPRBSENTATIOI{, GUARAI{]E, OBTIOATION LIABIUTT OR WARRANTY OF
SFLtER, E'(PRBSS OR IMPLIED, OF ANT KIIIID, ARSING BY I.AW OR @['RSE OF
PERTORIVIANCE' DEALING, ORUSAGB OF TRADE.
rhrodfris 3 uyot At?qf zo*
Ro*y Power
Iddofdbh?cAghcAfro
hsef0of l0