UNITED STATES
SECURITY AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM U-7DA
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CERTIFICATE PURSUANT TO RULE 7(d)
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Amendment No. 1
File No. 032-000476
The undersigned certify that this certificate accurately summarizes, as
required in the instructions hereto, the information requested as to the lease
identified herein and the transactions for the financing thereof.
1. Lessee public-utility company: PacifiCorp
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Address: 825 NE Multnomah, Suite 600, Portland, OR 97232-2315
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2. Date: June 6, 2002
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2a. Expected date facility will be placed in service:
Units 1-4-- June 2002; Unit 5-- August 2002
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3. Regulatory authority which has acted on transaction:
Name: Oregon Public Utilities Commission Date of Order: May 31, 2002
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4. Initial term of lease: 15 years
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4a. Renewal options:
Lessee has option to purchase the project or terminate the lease on or before
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December 1, 2006.
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5. Brief description of facility:
Five combustion turbine generators, 40 MW nominal net
electrical capacity each and necessary supporting equipment
and spare parts
6. Manufacturer or supplier: General Electric Company - GE Packaged Power
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7. Cost of facility: $160,000,000.00
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8. Basic rent. Initial term: $224,745,000 (See Note 1)
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8a. Periodic installment. Amount: $749,150 per unit Period: Quarterly
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9. Holder of legal title to facility: West Valley Leasing Company, LLC
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Address: 650 NE Holladay, Suite 700, Portland, OR 97232
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10. Holders of beneficial interests:
Name and address Amount invested Percent of equity
West Valley Leasing Company, LLC $160,000,000 100%
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11. If part or all of the financing is supplied by loan on which only principal and interest
is payable, state: Not Applicable
Amount borrowed Interest rate Number of lenders
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Terms of repayment. Amount Period
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Date executed: June 6, 2002
Signature of holder of legal title:
WEST VALLEY LEASING COMPANY, LLC
By:
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Peter C. van Alderwerelt
Title: Vice President
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Signatures of holders of beneficial interests shall be annexed hereto and
incorporated herein.
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SIGNATURE PAGE FOR CERTIFICATE
ON FORM U-7DA DATED JUNE 6, 2002
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Signature of holders of beneficial interests.
The holders of beneficial interests referred to in paragraph 10 of the
Certificate pursuant to Rule 7(d) to which this signature page is annexed and
into which the following signature is incorporated has duly caused said
Certificate to be signed on its behalf by the undersigned thereunto duly
authorized.
WEST VALLEY LEASING COMPANY, LLC
By:
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Peter C. van Alderwerelt
Title: Vice President
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NOTE 1
The Lessee shall pay or cause to be paid to the West Valley Leasing
Company, LLC as additional rent, an amount equal to all real property taxes paid
by the West Valley Leasing Company, LLC with respect to its ownership of the
facility.
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