B R IT I S H C O LU M B I A U T IL I T I E S C O M M IS S I ON O R D ER a N U M B ER G-62-98 SIXTH FLOOR, 900 HOWE STREET, BOX 250 TELEPHONE: (604) 660-4700 VANCOUVER, B.C. V6Z 2N3 BC TOLL FREE: 1-800-663-1385 CANADA FACSIMILE: (604) 660-1102 IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by West Kootenay Power Ltd. for Approval to Increase its Operating Loan Facility BEFORE: P. Ostergaard, Chair ) L.R. Barr, Deputy Chair ) F.C. Leighton, Commissioner ) July 9, 1998 P.G. Bradley, Commissioner ) O R D E R WHEREAS: A. On June 26, 1998, West Kootenay Power Ltd. (ÒWKPÓ) applied, pursuant to Section 50 of the Utilities Commission Act (Òthe ActÓ), to increase its Operating Loan Facility with the Bank of Montreal from $10Êmillion to $20Êmillion; and B. The Commission has reviewed the Application, along with a copy of the June 26, 1998 Resolution of the Board of Directors of WKP, and finds that approval is necessary and in the public interest. NOW THEREFORE the Commission approves for WKP an increase, from $10Êmillion to $20Êmillion, to its Operating Loan Facility with the Bank of Montreal, pursuant to SectionÊ50 of the Act. DATED at the City of Vancouver, in the Province of British Columbia, this ÊÊÊÊÊÊÊÊ 14th ÊÊÊÊÊday of July, 1998. BY ORDER Original signed by: Peter Ostergaard Chair ORDERS/WKP-Increase Operating Loan
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