EX-25 8 d382740dex25.htm FORM T-1 STATEMENT OF ELIGIBILITY AND QUALIFICATION Form T-1 Statement of Eligibility and Qualification

Exhibit 25

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

 

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)  ¨

 

 

THE BANK OF NEW YORK MELLON

(Exact name of trustee as specified in its charter)

 

 

 

New York   13-5160382

(Jurisdiction of incorporation

if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

One Wall Street

New York, New York

  10286
(Address of principal executive offices)   (Zip code)

Legal Department

The Bank of New York Mellon

One Wall Street, 15th Floor

New York, NY 10286

(212) 635-1270

(Name, address and telephone number of agent for service)

 

 

CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.

(Exact name of obligor as specified in its charter)

 

 

 

New York   13-5009340

(State or other jurisdiction

of incorporation or organization)

 

(I.R.S. Employer

Identification No.)

4 Irving Place

New York, New York

  10003
(Address of principal executive offices)   (Zip code)

 

 

Debt Securities

(Title of the indenture securities)

 

 

 


Exhibit 25

Item 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.

 

Superintendent of Banks of the
State of New York

  

One State Street, New York, N.Y. 10004-1417
and Albany, N.Y. 12203

Federal Reserve Bank of New York

   33 Liberty Plaza, New York, N.Y. 10045

Federal Deposit Insurance Corporation

   550 17th Street, N.W., Washington, D.C. 20429

New York Clearing House Association

   New York, N.Y. 10005

 

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

Item 2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

Item 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 Organization Certificate of The Bank of New York Mellon (formerly The Bank of New York (formerly Irving Trust Company)) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to Current Report on Form 8-K of Nevada Power Company, Date of Report (Date of Earliest Event Reported) July 25, 2008 (File No. 000-52378).)
4.    -    A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 with Registration Statement No. 333-155238.)
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. 333-152856.)
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.


SIGNATURE

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 30th day of July, 2012.

 

THE BANK OF NEW YORK MELLON

By:

 

/s/ Laurence O’Brien

 

Name: Laurence O’Brien

 

Title:    Vice President


EXHIBIT 7

(Page i of iii)

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of One Wall Street, New York, N.Y. 10286

And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business March 31, 2012, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

     Dollar Amounts
In Thousands
 

ASSETS

  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

   $ 3,021,000   

Interest-bearing balances

     88,872,000   

Securities:

  

Held-to-maturity securities

     4,819,000   

Available-for-sale securities

     79,781,000   

Federal funds sold and securities purchased under agreements to resell

  

Federal funds sold in domestic offices

     11,000   

Securities purchased under agreements to resell

     719,000   

Loans and lease financing receivables:

  

Loans and leases held for sale

     9,000   

Loans and leases, net of unearned income

     25,163,000   

LESS: Allowance for loan and lease losses

     342,000   

Loans and leases, net of unearned income and allowance

     24,821,000   

Trading Assets

     4,149,000   

Premises and fixed assets (including capitalized leases)

     1,243,000   

Other real estate owned

     13,000   

Investments in unconsolidated subsidiaries and associated companies

     996,000   

Not applicable

  

Intangible assets:

  

Goodwill

     6,449,000   

Other intangible assets

     1,575,000   

Other assets

     13,237,000   
  

 

 

 

Total assets

   $ 229,715,000   
  

 

 

 


EXHIBIT 7

(Page ii of iii)

 

LIABILITIES

  

Deposits:

  

In domestic offices

   $ 94,919,000   

Noninterest-bearing

     60,836,000   

Interest-bearing

     34,083,000   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

     92,686,000   

Noninterest-bearing

     3,607,000   

Interest-bearing

     89,079,000   

Federal funds purchased and securities sold under agreements to repurchase

  

Federal funds purchased in domestic offices .

     2,367,000   

Securities sold under agreements to repurchase

     1,171,000   

Trading liabilities

     5,723,000   

Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)

     3,138,000   

Not applicable

  

Not applicable

  

Subordinated notes and debentures

     3,505,000   

Other liabilities

     7,275,000   
  

 

 

 

Total liabilities

   $ 210,784,000   
  

 

 

 

Not applicable

  

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     1,135,000   

Surplus (exclude all surplus related to preferred stock)

     9,658,000   

Retained earnings

     8,773,000   

Accumulated other comprehensive income

     -985,000   

Other equity capital components

     0   

Total bank equity capital

     18,581,000   

Noncontrolling (minority) interests in consolidated subsidiaries

     350,000   
  

 

 

 

Total equity capital

     18,931,000   
  

 

 

 

Total liabilities, minority interest, and equity capital

   $ 229,715,000   
  

 

 

 

 

ii


EXHIBIT 7

(Page iii of iii)

I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

Thomas P. Gibbons,

Chief Financial Officer

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.

 

Gerald L. Hassell

      

Catherine A. Rein

      

John P. Surma

                                          Directors   
      

 

iii