B R I T I S H C O L U M B I A U T I L I T I E S C O M M I S S I O N O R D E R N U M B E R G-100-00 SIXTH FLOOR, 900 HOWE STREET, BOX 250 TELEPHONE: (604) 660-4700 VANCOUVER, B.C. V6Z 2N3 CANADA BC TOLL FREE: 1-800-663-1385 web site: http://www.bcuc.com FACSIMILE: (604) 660-1102 IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by Princeton Light and Power Company, Limited for an Amendment to its Financing Agreement BEFORE: P. Ostergaard, Chair ) L.R. Barr, Deputy Chair ) P.G. Bradley, Commissioner ) B.L. Clemenhagen, Commissioner ) October 19, 2000 K.L. Hall, Commissioner ) N.F. Nicholls, Commissioner ) O R D E R WHEREAS: A. On August 3, 2000, the Commission approved for Princeton Light and Power Company, Limited (“PLP”) its July 4, 2000 Credit Agreement with the Canadian Imperial Bank of Commerce (“CIBC”) effective July 1, 2000; and B. On October 6, 2000, PLP applied to the Commission for approval to amend its Credit Agreement with CIBC by increasing its short-term operating line of credit from $650,000 to $800,000 for the period October 6 to October 31, 2000, pursuant to Section 49 of the Utilities Commission Act (“the Act”); and C. The Commission has considered the application and finds that approval to amend PLP’s loan agreement with CIBC is appropriate. NOW THEREFORE pursuant to Sections 49 and 50 of the Act, the Commission approves for PLP the October 6, 2000 Amendment No. 2 to its July 4, 2000 Credit Agreement with CIBC. DATED at the City of Vancouver, in the Province of British Columbia, this 20 th day of October 2000. BY ORDER Original signed by: Peter Ostergaard Chair Order/PLP-CIBC Finance Agrmnts
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