ROBERT J. PELLATT COMMISSION SECRETARY AN ORDER IN THE MAT IER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and An Application by West Kootenay Power Ltd. BEFORE: L.R. Barr, Deputy Chairperson; and K.L. Hall, Commissioner WHEREAS: A. On August 11, 1993 West Kootenay Power Ltd. ("WKP") applied, pursuant to Section 59(2) of the Utilities Commission Act ("the Act"), for approval of the disposition of its newly completed head office by way of a sale/lease back transaction at a value of approximately $6 million; and B. The project was reviewed in the last Public Hearing and the Commission's June 9, 1993 Decision accepted WKP's position regarding the proposed sale/lease back of the head office building if a purchaser could be found; and C. The Commission has reviewed the Application. NOW THEREFORE the Commission orders as follows: The Commission approves for WKP the disposition of its newly completed downtown Trail, B.C. Head Office building by way of sale/lease back transaction at a value of approximately $6 million, pursuant to Section 59(2) of the Act. DA TED at the City of Vancouver, in the Province of British Columbia, this BCUC/Order/WKP - Disposition of Head Office G-73-93 SIXTH FLOOR. 900 HOWE STREET. BOX 250 VANCOUVER. B.C. CANADA V6Z 2N3 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 ) August 25, 1993 ) day of August, 1993. BY ORDER LomaR. Barr Deputy Chairperson
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