EX-25 5 h34459exv25.htm STATEMENT OF ELIGIBILITY ON FORM T-1 exv25
 

EXHIBIT 25
 
 
FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2)o
THE BANK OF NEW YORK
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
         
 
    95-3571558  
(Jurisdiction of incorporation or
    (I.R.S. employer
organization if not a U.S. national bank)
    identification no.)
 
        
700 South Flower Street
        
Suite 500
        
Los Angeles, California
    90017  
(Address of principal executive offices)
    (Zip code)
The Bank of New York Trust Company, N.A.
600 North Pearl Street — Suite 420
Dallas, Texas 75201
866-691-3390
(Name, address and telephone number of agent for service)
CLECO POWER LLC
(Exact name of obligor as specified in its charter)
     
Louisiana
  72-0244480
(State or other jurisdiction of
   (I.R.S. employer
incorporation or organization)
  identification no.)
 
    
2030 Donahue Ferry Road
    
Pineville, Louisiana
  71360-5226
(Address of principal executive offices)
  (Zip code)
Debt Securities
(Title of the Indenture Securities)

 

 
 

 

1.   General information. Furnish the following information as to the trustee:
  (a)   Name and address of each examining or supervising authority to which it is subject.
         
                         Name                Address
 
  Comptroller of the Currency    
 
  United States Department of the Treasury   Washington D.C. 20219
 
        
 
  Federal Reserve Bank   San Francisco, California 94105
 
        
 
  Federal Deposit Insurance Corporation   Washington, D.C. 20429
  (b)   Whether it is authorized to exercise corporate trust powers.
 
  Yes.    
2.   Affiliations with Obligor.
      If the obligor is an affiliate of the trustee, describe each such affiliation.
 
None.
16.   List of Exhibits.
      Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
         
  1.    
A copy of the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
  2.    
A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.    
A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
 
  4.    
A copy of the existing by-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).
 
  6.    
The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948.)
 
  7.    
A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

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SIGNATURE
     Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, The Bank of New York Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Jacksonville, and State of Florida, on the 27th day of March, 2006.
         
  THE BANK OF NEW YORK TRUST COMPANY, N.A.
 		  
  By:   /s/ CRAIG KAYE    
    Name:   Craig Kaye   
    Title:   Assistant Vice President   
 

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
     At the close of business December 31, 2005, published in accordance with Federal regulatory authority instructions.
                 
            Dollar Amounts  
            in Thousands  
ASSETS
                
 
                
Cash and balances due from depository institutions:
                
Noninterest-bearing balances and currency and coin
             9,859  
Interest-bearing balances
             0  
Securities:
                
Held-to-maturity securities
             70  
Available-for-sale securities
             62,079  
Federal funds sold and securities purchased under agreements to resell:
                
Federal funds sold
             38,000  
Securities purchased under agreements to resell
             105,100  
Loans and lease financing receivables:
                
Loans and leases held for sale
             0  
Loans and leases, net of unearned income
     0          
LESS: Allowance for loan and lease losses
     0          
Loans and leases, net of unearned income and allowance
             0  
Trading assets
             0  
Premises and fixed assets (including capitalized leases)
             4,113  
Other real estate owned
             0  
Investments in unconsolidated subsidiaries and associated companies
             0  
Customers’ liability to this bank on acceptances outstanding
             0  
Intangible assets:
                
Goodwill
             265,964  
Other Intangible Assets
             16,292  
Other assets
             39,519  
 
              
Total assets
           $ 540,996  
 
              

 

 

                 
               
               
LIABILITIES
                
 
                
Deposits:
                
In domestic offices
             7,729  
Noninterest-bearing
     7,729          
Interest-bearing
     0          
Not applicable
                
Federal funds purchased and securities sold under agreements to repurchase:
                
Federal funds purchased
             0  
Securities sold under agreements to repurchase
             0  
Trading liabilities
             0  
Other borrowed money:
                
(includes mortgage indebtedness and obligations under capitalized leases)
             58,000  
Not applicable
Bank’s liability on acceptances executed and outstanding
             0  
Subordinated notes and debentures
             0  
Other liabilities
             68,953  
Total liabilities
           $ 134,682  
 
              
Minority interest in consolidated subsidiaries
             0  
 
                
EQUITY CAPITAL
                
 
                
Perpetual preferred stock and related surplus
             0  
Common stock
             1,000  
Surplus (exclude all surplus related to preferred stock)
             321,520  
Retained earnings
             84,070  
Accumulated other comprehensive income
             (276 )
Other equity capital components
             0  
Total equity capital
           $ 406,314  
 
              
Total liabilities, minority interest, and equity capital
           $ 540,996  
 
              
     I, William J. Winkelmann, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.
     William J. Winkelmann     )     Vice President

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     We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.
         
     Michael K. Klugman
     Michael F. McFadden
     Frank P. Sulzberger
  )
)
) 		   
Directors

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