HomeMy WebLinkAbout20190311Application.pdfEXECUTIVE OFFICES
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555 SOUTH COLE ROAD . p.O. BOX 7608 . BOTSE, |DAHO 83707 . (208) 377-6000 o FAX: 377-6097
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March 11,2019
Ms. Diane Hanian
Commission Secretary
Idaho Public Utilities Commission
472W. Washington St.
P.O. Box 83720
Boise, lD 83720-0074
RE: Case No. INT-G-19-02
Dear Ms. Hanian:
Enclosed for filing with this Commission are the original and seven (7) copies of Intermountain Gas
Company's ("Intermountain") Application to Issue and Sell Securities. Also enclosed is a check in the
amount of $ 1,000 for the IPUC Issuance Fee.
Intermountain respectfully requests that the Application be processed by modified procedure and that an
order be issued by April 11,2019. Because April I I is not within thirty days of today, Intermountain has not
included the notice required by Rule 145.
If you should have any questions regarding this Application, please contact me at (208) 377-6015
Sincerely,
Lori A. Blattner
Director - Regulatory Affairs
Intermountain Gas Company
Enclosure
cc: Mark Chiles
Preston N. Carter
INTERMOUNTAIN GAS COMPANY
CASE NO. INT-G-19.02
APPLICATION
AND
EXHIBITS
In the Matter of the Application of INTERMOT NTAIN GAS COMPAIYY
for Authorization to Issue and Sell Securities
r,I ,- i ]
Preston N. Carter, ISB No. 8462
Givens Pursley LLP
601 W. Bannock St.
Boise, lD 83702
Telephone: (208) 388-l 200
Attorney for Intermountain Gas Company
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
,:nili{fi,fi I I P}{ ?' tl+
In the Matter of the Application of
INTERMOUNTAIN GAS COMPANY
for Authorization to Issue and Sell
Securities
Case No. INT-G-19-02
APPLICATION AND REQTIEST
FOR MODIFIED PROCEDURE
Intermountain Gas Company ("Intermountain" or "Company"), a subsidiary of MDU
Resources Group, Inc. with general offices located at 555 South Cole Road, Boise, Idaho, does hereby
request authorizationto issue and sell up to Seventy Five Million Dollars (S75,000,000) of Unsecured
Notes on or about June 14, 2019 with one or more maturity dates ranging from five (5) to thirty (30)
years from issuance.
Intermountain also requests authorization to renew a Revolving Line of Credit of Eighty Five
Million Dollars ($85,000,000) not to exceed a five (5) year period with an option to borrow an
additional Twenty Five Million Dollars ($25,000,000) for the same timeframe, or One Hundred and
Ten Million Dollars ($110,000,000) in total. The renewal would also occur on or about June 14,
20t9.
The Seventy Five Million Dollars ($75,000,000) of Unsecured Notes and the One Hundred
and Ten Million Dollars ($110,000,000) of Revolving Line of Credit renewal result in a combined
request of One Hundred and Eighty Five Million Dollars ($185,000,000).
Intermountain respectfi.rlly requests that the Commission issue an order by April 11,2019.
Because April 11 is not within thirty days of filing, the notice required under Rule 145 has not been
included. lntermountain submits that a hearing is not necessary to consider the issues presented in this
Application, ffid respectfully requests that it be processed by modified procedure under the
Commission's rules of Procedure 201 through2l}.Intermountain is ready and willing for immediate
APPLICATION - 1
consideration of the Application, and will assist the Commission and Commission staff in processing
the Application expeditiously.
Communications in reference to this Application should be addressed to
Lori A. Blattner
Director - Regulatory Affairs
Intermountain Gas Company
Post Office Box 7608
Boise, ID 83707
and
Preston N. Carter
Givens Pursley LLP
601 W. Bannock St.
Boise, ID 83702
In support of this Application, Intermountain does allege and state as follows:
L
Intermountain is a gas utility, subject to the jurisdiction of the Idaho Public Utilities
Commission, engaged in the sale of and distribution of natural gas within the State of Idaho under
authority of Commission Certificate No. 219 issued December 2,1955, as amended and
supplemented by Order No. 6564, dated October 3,1962.
Intermountain provides natural gas service to the following Idaho communities and counties
and adjoining areas:
Ada County - Boise, Eagle, Garden City, Kuna, Meridian, and Star;
Bannock County - Arimo, Chubbuck,Inkom, Lava Hot Springs, McCammon, and Pocatello;
Bear Lake County - Georgetown, and Montpelier;
Bingham County - Aberdeen, Basalt, Blackfoot, Firth, Fort Hall, Moreland/Riverside, and Shelley;
Blaine County - Bellevue, Hailey, Ketchum, and Sun Valley;
Bonneville County - Ammon, Idaho Falls, Iona, and Ucon;
Canyon County - Caldwell, Greenleaf, Middleton, Nampa, Parma, and Wilder;
Caribou County - Bancroft, Grace, and Soda Springs;
Cassia County - Burley, Declo, Malta, and Raft River;
Elmore County - Glenns Ferry, Hammett, and Mountain Home;
Fremont County - Parker, and St. Anthony;
Gem County - Emmett;
Gooding County - Gooding, and Wendell;
Jefferson County - Lewisville, Menan, Rigby, and Ririe;
Jerome County - Jerome;
APPLICATION - 2
Lincoln County - Shoshone;
Madison County - Rexburg, and Sugar City;
Minidoka County - Heyburn, Paul, and Rupert;
Owyhee County - Bruneau, and Homedale;
Payette County - Fruitland, New Plymouth, and Payette;
Power County - American Falls;
Twin Falls County - Buhl, Filer, Hansen, Kimberly, Murtaugh, and Twin Falls;
Washington County - Weiser.
Intermountain's properties in these locations consist of transmission pipelines, a liquefied
natural gas storage facility, distribution mains, services, meters and regulators, and general plant and
equipment.
II.
Applicant desires to issue, and therefore seeks authority from this Commission, to issue and
sell up to Seventy Five Million Dollars ($75,000,000) of Unsecured Notes on or about June 14, 2019.
Commission Order No. 33725, date March 8,2017, granted Intermountain authority to enter
into a renegotiated Revolving Line of Credit not to exceed One Hundred and Ten Million
($110,000,000) at any one time. This Applications also seeks authority to renew the existing
Revolving Line of Credit of One Hundred and Ten Million ($110,000,000) not to exceed a five (5)
year period for the execution and delivery of the renewed credit agreement.
The Board of Directors of Intermountain has duly authorized the requested Unsecured Notes
and renewal of the Revolving Line of Credit. A copy of the Resolution authorizing the Unsecured
Notes and renewal of the Revolving Line of Credit is attached hereto as Exhibit No. I and is
incorporated herein by reference.
III.
The estimated terms and conditions of the Unsecured Notes and renewal of the Revolving
Line of Credit are incorporated herein by reference as though fully set out.
A copy of the terms for the above referenced Unsecured Notes and Revolving Line of Credit
will be submitted under separate cover after issuance and is to be treated as confidential pursuant to
PUC IDAPA Rules 31.01.01.067 and 31.01.01.233, together with ldaho Code gg 74-104,106,107,
and 48-801 et seq.
APPLICATION.3
Issuer:
Purchasers:
Principal Amount:
Interest Rates:
Security:
Use of Proceeds
Maturity:
Fees
Other Requirements:
Summary of Terms and Conditions for the Unsecured Notes
Intermountain Gas Company
Institutional investors in a private placement led by Wells
Fargo Securities, LLC and U.S. Bancorp Investments, Inc.
Unsecured Note - up to $75,000,000
Final rates dependent on tenor of notes. Current estimates
based on five (5) year Treasury Rates: plus 110-130 basis
points for five (5) year tranche; Current estimates based on ten
(10) year Treasury rates: plus 120-155 basis points for ten (10)
year tranche; and plus 140-170 basis points for fifteen (15)
year tranche. Current estimates based on thirty (30) year
Treasury rates: plus 155-200 basis points for thirty (30) year
tranche.
None
If approved, the Unsecured Notes will be used to provide for
the following purposes and no others: the acquisition of utility
plant or the construction, extension or improvement of utility
facilities; the improvement or maintenance of service; and
refunding the Company's treasury expended on utility
purposes.
Long-term maturity dates in one or more tranches ranging
from five (5) to thirty (30) years from the issuance date.
Private placement agent fees of up to forty (a0) basis points
(up to $300,000) will be paid in conjunction with the issuance
ofthe securities. Legal fees and reasonable out-of-pocket costs
will be paid or reimbursed to lenders counsel and Cohen
Tauber Spievack & Wagner P.C. (lntermountain's legal
counsel), and are estimated at $125,000.
Costs associated with this transaction are to be paid by
Intermountain as noted in the above delineation of "Fees."
APPLICATION - 4
Summaqv of Terms and Conditions for Revolving Line of Credit
Intermountain Gas CompanyBorrower:
Lender:
Principal Amount:
Interest Rates:
Security:
Use of Proceeds
Maturity:
Administrative Fees:
Commitment Fee:
A syndicate of financial institutions arranged by U.S.
Bancorp Investments,Inc. and Wells Fargo Securities, LLC.
Revolving Line of Credit - $85,000,000, which will include a
$15 Million sublimit for standby letters of credit and a $5
Million sublimit for swingline loans. The Borrower has the
right to borrow an additional $25,000,000 subsequent to the
Closing date up to an aggregate amount not to exceed $110
Million.
At the Borrower's option, any loan under the credit facility
will bear interest at arute equal to (D LIBOR plus the
Applicable Margin, as determined in accordance with the
Performance Pricing grid set forth below or (ii) the base rate
(to be defined as the highest of (a) the U.S. Bank prime rate,
(b) the Federal Funds rate plus .50Yo and (c) a daily rate equal
to one-month LIBOR plus (l .00%).
None
If approved, the Revolving Line of Credit will be used to
provide for capital expenditures, deferred gas costs, and for
general corporate purpose needs of lntermountain.
Up to five (5) years from the execution and delivery of
definitive documentation for the Senior Credit Facility.
Annually, beginning at the time of closing and each year on
the anniversary date of the credit facility, the Borrower will
pay an Administrative Fee of approximately $15,000 to U.S.
Bancorp Investments, Inc.
The Borrower will pay a fee determined in accordance with
the estimated Performance Pricing gnd set forth below, on
the actual daily unused amount of each Lender's
commitment. The Facility Fee is payable quarterly in arrears,
commencing on the first quarterly payment date to occur
after the Closing Date, or June 2019.
APPLICATION - 5
Pricing
Level
Indebtedness to
Capitalization Ratio Facility
Fee
Eurodollar
Advances/Letter of
Credit Fee
Base Rate
Advances
I > 0.60:1.0 0.30%1.450%0.450%
II )0.55:1.0 but < 0.60: 1.0 0.225%1.275%0.275%
III 20.45:1.0 but < 0.55: 1.0 0.175%1.075%0.075%
IV < 0.45:1.0 0.125%1.000%0.000%
Other Requirements:Costs associated with this transaction are to be paid by
Intermountain.
IV.
Based on this Commission's authorization, the Unsecured Notes will be used to provide for
the following purposes and no others: the acquisition of utility plant or the construction, extension or
improvement of utility facilities; the improvement or maintenance of service; and refunding the
Company's treasury expended on utility purposes.
The proceeds from the renewal of the Revolving Line of Credit will be used to provide for
capital expenditures, deferred gas costs, and for general corporate purpose needs oflntermountain.
These uses are consistent with the public interest and necessary, appropriate, and consistent
with the proper and legally mandated performance to the public by Intermountain as a public utility.
v.
The net proceeds for the Unsecured Notes (up to Seventy Five Million Dollars ($75,000,000)
minus the estimated Fees of Four Hundred and Twenty Five Thousand Dollars ($425,000)) are
estimated at up to Seventy Four Million Five Hundred and Seventy Five Thousand Dollars
($74,575,000).
The net proceeds for the renewal of the Revolving Line of Credit (up to Eighty Five Million
Dollars ($85,000,000) plus the option to borrow an additional Twenty Five Million ($25,000,000)
minus the estimated Fees of Three Hundred Seventy Four Thousand, Seven Hundred Fifty Dollars
(9374,750)) are estimated at up to One Hundred Nine Million Six Hundred Twenty Five Thousand,
Two Hundred and Fifty Dollars ($109,625,250).
APPLICATION - 6
vI.
Intermountain's Statement of Capitalization as of December 31, 2018, showing all authorized
and outstanding classes of securities as adjusted to reflect the proposed issuance of up to $75,000,000
of Unsecured Notes, is as follows:
December 31,2018
Common Stock &
Surplus
Long Term Debt
Total Capitalization
Actual
Amount
Outstanding
($000's)
$ 139,904
136"076
$275p80
Agent Fees
Legal Fees
Arrangement and Syndication Fees
Legal Fees
IPUC Issuance Fees
Ratio
50.7%
49.3%
100.0%
Adjusted
Amount
($000's)
$ 139,904
2t1.076
$_350p80
YII.
The estimated fees and expenses of the issuance of such Unsecured Notes are expected to
total up to Four Hundred and Twenty Five Thousand Dollars ($425,000) consisting of the following:
Total $425J00
The estimated fees and expenses of the renewal of the Revolving Line of Credit are expected
to total up to Three Hundred Seventy Four Thousand, Seven Hundred Fifty Dollars ($374,750)
consisting of the following:
$300,000
125.000
s248,750
125,000
1.000
APPLICATION - 7
Total $314J5!
VIII.
The fee required by Section 61-905 of the Idaho Code, was determined as follows:
First
Next
Remaining
$ 100,000 at $1.00 per $1,000
900,000 at $0.25 per $1,000
184"000.000 at $0.10 per $1,000
$__185J00J00
$ 100: 225: 18.400: $lgJb
As this amount is larger than the $ 1 ,000 maximum fee set forth in Section 61 -905 of the Idaho
Code, a check for $1,000 is enclosed with *ris Application.
Ix.
This Application is filed pursuant to the applicable statutes, including Idaho Code Sections
61-901, 6l-902,61-903 and 61-905, and the Rules and Regulations of this Commission.
Intermountain stands ready for an immediate hearing of this Application if such is determined
necessary by this Commission.
A proposed Order granting this Application is attached hereto as Exhibit No. 2 and is
incorporated herein by reference.
x.
Notice will be published within seven days of the filing date of this Application nThe ldaho
State Journal, The ldaho Statesman, The Idaho Business Review, The Post Register, and The Times
News pursuant to Rule 141.08 of the Commission's Rules of Practice and Procedure.
APPLICATION - 8
WHEREFORE, lntermountain respectfully petitions the Idaho Public Utilities Commission
as follows:
a. That this Application be processed by modified procedure, without hearing, and that
the Commission issue an order on or before April ll,2019;
b. Additionally, that this Commission approve and authorizethe issuance of Unsecured
Notes for the purposes described up to and including Seventy Five Million Dollars ($75,000,000) for
a period ranging from five (5) years up to thirty (30) years and renewal of a Revolving Line of Credit
for the purposes described up to and including One Hundred and Ten Million Dollars ($110,000,000)
not to exceed a five (5) year period.
c. That this Commission allow Intermountain to manage its Unsecured Note financing
pursuant to the order issued in this matter until such time as Intermountain's Board of Directors
changes the authorized level of such Notes and its short-term financing pursuant to the order issued
in this matter until such time as lntermountain's Board of Directors changes the authorized level of
such short-term borrowing, with Intermountain making quarterly reports to this Commission setting
forth the date of issuance, principal amount, interest rate, date of maturity and identity of payee for
all promissory notes issued during such quarter.
d. For such other relief as this Commission may determine proper relative to this
Application.
DATED at Boise, Idaho, this l lth day of March,2019
INTERMOUNTAIN GAS COMPANY Givens Pursley LLP
By r-=c <--By
Lori Blattner
Director - Regulatory Affairs
Preston N. Carter
Attorney for Intermountain Gas Company
APPLICATION - 9
EXHIBIT NO. I
CASE NO. INT.G.19.O2
INTERMOUNTAIN GAS COMPANY
BOARD RESOLUTION
(2 pages)
CERTIFICATE
I, Karl A. Liepitz, hereby certify that I am the duly elected and qualified Assistant
Secretary of Intermountain Gas Compffiy, tM Idaho corporation; that the following is a true and
correct copy of resolutions adopted by Written Consent of the Board of Directors dated March 5,
2019; and that said resolutions have not been modified or amended and are presently in full force
and effect:
WHEREAS, the Board of Directors of Intermountain Gas Company (the
"Company") has determined ttrat it is desirable for the Company to (i) enter into a
revolving credit agreement whereby the lenders would make revolving loans to the
Company, from time to time, in amounts up to the aggregale principal amount of
One Hundred Ten Million Dollars ($l10,000,000), for a period not to exceed five
years (the "Credit Agreemenf'), and (ii) issue and sell unsecured notes in an
aggregate principal amount of up to Seventy-Five Million Dollars ($75,000,000), in
one or more series, with maturities up to thirty years (the 'triotes') under a Note
Purchase Agreement or similar agreement (the'Note Purchase Agreement");
NOW, TIIEREFORE, BE IT RESOLVED, that the Chairman of the Board,
Chief Executive Officer, President, any Vice President, General Counsel, or any
other officer who performs a policy-making function (such as administration,
operations, accounting, or finance) of the Company (the "Authorized Officers') be,
and each of them hereby is authorized to (i) negotiate, execute and deliver a Credit
Agreement, with such terms and provisions as the Authorized OfEcer executing the
Credit Agreement on behalf of the Company shall deem proper, and (ii) in
connection with such Credit Agreement, execute and deliver promissory notes in an
aggregate principal amount up to $110,000,000 (the "Promissory Notes'), such
execution by the Authorized Officer of the Credit Agreement and the Promissory
Notes to be conclusive evidence of the Authorized Officer's authority granted herein
and the approval thereof by the Board of Directors;
FURTfGR RESOLVED, that the Authorized Officers of the Company be,
and each of them hereby is authorized to (i) negotiate, execute and deliver a Note
Purchase Agreement with such terms and provisions as the Authorized Officer
executing the Note Purchase Agreement on behalf of the Company shall deem
proper, and (ii) in connection with such Note Purchase Agreement, execute and
deliver Notes in an aggregate principal amount of up to $75,000,000, such execution
by the Authorized Officer of the Note Purchase Agreement and the Notes to be
conclusive evidence of the Authorized Officer's authority granted herein and the
approval thereof by the Board of Directors;
FURTHER RESOLVED, that each and every offrcer of the Company be,
and hereby is, authorized and empowered, in the name and on behalf of the
Company from time to time, to take such actions and to execute and deliver such
agreements, certificates, instruments, notices and documents as may be required
or as such offrcer may deem necesszry, advisable, or proper in order to carry out
and perform the obligations of the Company under the Credit Agreement, the
Note Purchase Agreement, the Promissory Notes, the Notes and any other
agreements executed by the Company pursuant to these resolutions; and all such
actions to be performed in such manner, and all such agreements, certificates,
instruments, notices, and documents to be executed and delivered in such form as
the offrcer performing or executing the same shall approve, the performance or
execution thereof by such officer to be evidence that such officer deems all of the
terms and provisions thereof to be proper; and all actions previously taken by any
officer of the Company in connection with the execution of the Credit Agreement,
the Note Purchase Agreement, the Promissory Note, the Notes and the
transactions contemplated by the foregoing resolutions are hereby ratified,
approved, and confirmed in all respects; and
FURTHER RESOLVED, that all actions heretofore taken in good faith by
any officer of the Company in anticipation of, or in connection with, the
foregoing are hereby approved, ratified and confirmed in all respects as fully as if
such actions had been presented to the Board of Directors for its approval prior to
such actions being taken.
IN WITNESS WHEREOF, I have hereunto set my hand on March 11,2019.
Karl A. Liepitz,Secretary
2
EXHIBIT NO.2
CASE NO. INT.G.19.O2
INTERMOUNTAIN GAS COMPANY
IDAHO PUBLIC UTILITIES COMMISSION
PROPOSED ORDER
(3 pages)
PROPOSED ORDER OF APPLICANT
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
In the Matter of the Application of
INTERMOUNTAIN GAS COMPANY
for Authorization to Issue and Sell
Securities
Case No. INT-G-19-02
ORDER NO.
On March llth,2}lg,Intermountain Gas Company (the "Compffiy"), a subsidiary of MDU
Resources Group, Inc., applied to the Commission under ldaho Code $$ 6l-901, et seq. for authority
to issue Unsecured Notes, not to exceed $75,000,000, for a period ranging from five (5) years up to
thirty (30) years and renew a Revolving Line of Credit up to $110,000,000, not to exceed a five (5)
year period. Having fully considered the Application, the Commission enters this Order granting it
as follows.
THE APPLICATION
The Company asks for authority to issue and sell up to $75,000,000 of unsecured debt
securities. The proposed issuance will be directly placed in one tranche by Wells Fargo Securities,
LLC and U.S. Bancorp Investments, [nc. The Company anticipates one tranche with proposed
maturity dates ranging from five years to thirty years from the date of issuance. The interest rate will
be set at the time of issuance based on l0-year Treasury rates plus a basis point adder of approximately
120-170 for any l0-year issuance or 15-year issuance, and based on 30-year Treasury rates plus a
basis point adder of approximately 155-200 for any 30-year issuance. The Company says it will use
net proceeds from the sale of the unsecured notes for the following purposes and no others: the
acquisition of utility property or the construction, extension or improvement of utility facilities; the
improvement or maintenance of service; and refi.rnding the Company's treasury expended on utility
purposes.
The Company also asked for authority to renew its Revolving Line of Credit of not more than
$l 10,000,000 at any one time. The proposed Revolving Line of Credit would exist for a period not to
exceed five years from the date of execution and delivery of the credit agreement. The Company
contends that it will use the proceeds to provide for capital expenditures, deferred gas costs, and for
ORDER NO PAGE 1
general corporate purpose needs of Intermountain. U.S. Bancorp Investments, fnc., would administer
the Revolving Line of Credit.
FINDINGS OF FACT AND
CONCLUSIONS OF LAW
The Company is an Idaho corporation with its office and principal place of business in Boise,
Idaho. It is a natural gas public utility that owns and operates transmission pipelines, a liquefied
natural gas storage facility, distribution mains, services, meters and regulators, and general plant and
equipment. It is a gas corporation and public utility as defined in ldaho Code $$ 61-117 and6l-129.
The Commission has jurisdiction over the Application under ldaho Code $ 6l-901, et seq.
We find that the proposed transaction is in the public interest and a formal hearing on this matter is
not required. We further find that the proposed issuance is for a lawful purpose and is within the
Company's corporate powers, that the Application reasonably conforms to Rules 14 I through 1 50 of
the Commission's Rules of Procedure, IDAPA 3 I .01 .01- 141- 1 50, and that the Company has paid all
fees due under ldaho Code $ 61-905. Accordingly, we find that the Application should be approved
and the proposed financing should be allowed.
The Commission's Order approving the proposed financing and the general purposes to which
the proceeds may be put is not a determination that the Commission approves of the particular use to
which these funds will be put. This Order also is not a Commission determinatior/approval of the
type of financing or the related costs for ratemaking purposes. The Commission does not have before
it for determination, and so does not determine, the effect of the proposed tansaction on rates the
Company will charge for natural gas service.
ORDER
IT IS HEREBY ORDERED that the Company's Application for authority to issue and sell up
to $75,000,000 of Unsecured Notes with proposed maturity dates from five (5) to thirty (30) years
and renewal of the Revolving Line of Credit up to $110,000,000 not to exceed a five (5) year period
are granted.
IT IS FURTHER ORDERED that the Company must continue to file quarterly reports with
the Commission setting forth the date of issuance, principal amount, interest rate, date of maturity and
identity of payee for all promissory notes issued during the quarter. The Company must continue to
file its capitalization ratios with the quarterly reports.
ORDER NO PAGE 2
IT IS FURTHER ORDERED that the foregoing authorization is without prejudice to the
regulatory authority of this Commission with respect to rates, utility capital structure, service,
accounts, valuation, estimates or determination of cost or any other matter which may come before
this Commission pursuant to its jurisdiction and authority as provided by law.
IT IS FURTHER ORDERED that nothing inthis Order and no provisions of Chapter 9, Title
61, Idaho Code, or any act or deed done or performed in connection therewith shall be construed to
obligate the state of Idaho to pay or guarantee in any manner whatsoever any security authorized,
issued, assumed or guaranteed under the provisions of Chapter 9, Title 61, Idaho Code.
IT IS FURTHER ORDERED that issuance of this Order does not constitute acceptance ofthe
Company's exhibits or other material accompanying the Application for any purpose other than the
issuance of this Order.
THIS IS A FINAL ORDER. Any person interested in this Order may petition for
reconsideration within twenty-one (21) days of the service date of this Order. Within seven (7) days
after any person has petitioned for reconsideration, any other person may cross-petition for
reconsideration. See Idaho Code $ 6I-626.
DONE by Order of the Idaho Public Utilities Commission at Boise,Idaho this
day of- 2019.
PRESIDENT
COMMISSIONER
COMMISSIONER
ATTEST:
ORDER NO.
SECRETARY
PAGE 3