EX-25.1 6 dex251.htm STATEMENT OF ELIGIBILITY ON FORM T-1 Statement of Eligibility on Form T-1

EXHIBIT 25.1


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)    ¨

 

 

 

BNY MIDWEST TRUST COMPANY

(formerly known as CTC Illinois Trust Company)

(Exact name of trustee as specified in its charter)

 

Illinois   36-3800435
(State of incorporation
if not a U.S. national bank)
  (I.R.S employer
identification no.)
2 North LaSalle Street    
Suite 1020    
Chicago, Illinois   60602
(Address of principal executive offices)   (Zip code)

 

 

 

Illinois Power Company

(Exact name of obligor as specified in its charter)

 

Illinois   37-0344645
(State or other jurisdiction of
incorporation or organization)
  I.R.S. employer
identification no.)
500 S. 27th Street    
Decatur, Illinois   62521-2200
(Address of principal executive offices)   (Zip code)

 

 

 

11 1/2% Mortgage Bonds due 2010

(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

Office of Banks & Trust Companies of the State of Illinois

  500 E. Monroe Street
Springfield, Illinois 62701-1532

Federal Reserve Bank of Chicago

  230 S. LaSalle Street
Chicago, Illinois 60603

 

  (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 Articles of Incorporation of BNY Midwest Trust Company (formerly CTC Illinois Trust Company, formerly Continental Trust Company) as now in effect. (Exhibit 1 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

  2,3.   A copy of the Certificate of Authority of the Trustee as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 2 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

  4.   A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

  6.   The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with the Registration Statement No. 333-47688.)

 

2


  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.

 

3


SIGNATURE

 

Pursuant to the requirements of the Act, the Trustee, BNY Midwest Trust Company, a corporation organized and existing under the laws of the State of Illinois, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Chicago, and State of Illinois, on the 3rd day of June, 2003.

 

BNY MIDWEST TRUST COMPANY
By:   /s/    C. POTTER        
 
   

Name: C. Potter

Title: Assistant Vice President

 

4


OFFICE OF BANKS AND REAL ESTATE

Bureau of Banks and Trust Companies

 

CONSOLIDATED REPORT OF CONDITION

OF

 

BNY Midwest Trust Company

209 West Jackson Boulevard

Suite 700

Chicago, Illinois 60606

 

Including the institution’s domestic and foreign subsidiaries completed as of the close of business on March 31, 2003, submitted in response to the call of the Office of Banks and Real Estate of the State of Illinois.

 

    

ASSETS


        Thousands
of Dollars


  1.    Cash and Due from Depository    24,268
  2.    U.S. Treasury Securities    - 0 -
  3.    Obligations of States and Political Subdivisions    - 0 -
  4.    Other Bonds, Notes and Debentures    - 0 -
  5.    Corporate Stock    - 0 -
  6.    Trust Company Premises, Furniture, Fixtures and Other Assets Representing Trust Company Premises    878
  7.    Leases and Lease Financing Receivables    - 0 -
  8.    Accounts Receivables    3,692
  9.    Other Assets     
     (Itemize amounts greater than 15% of Line 9)
    
    

GOODWILL

   86,813     
          86,911
10.    TOTAL ASSETS    115,749

 

Page 1 of 3


OFFICE OF BANKS AND REAL ESTATE

Bureau of Banks and Trust Companies

 

CONSOLIDATED REPORT OF CONDITION

OF

 

BNY Midwest Trust Company

209 West Jackson Boulevard

Suite 700

Chicago, Illinois 60606

 

    

LIABILITIES


   Thousands of Dollars

11.    Accounts Payable    - 0 -
12.    Taxes Payable    - 0 -
13.    Other Liabilities for Borrowed Money    25,425
14.    Other Liabilities     
     (Itemize amounts greater than 15% of Line 14)     
    

Reserve for Taxes

  

3,991

    
    

Taxes due to Parent

  

2,934

    
          7,199
15.    TOTAL LIABILITIES    32,624
    

EQUITY CAPITAL


    
16.    Preferred Stock    - 0 -
17.    Common Stock    2,000
18.    Surplus    62,130
19.    Reserve for Operating Expenses    - 0 -
20.    Retained Earnings (Loss)    18,995
21.    TOTAL EQUITY CAPITAL    83,125
22.    TOTAL LIABILITIES AND EQUITY CAPITAL    115,749

 

Page 2 of 3


I,  

    Keith A. Mica, Vice President

 
(Name and Title of Officer Authorized to Sign Report)

 

of BNY Midwest Trust Company certify that the information contained in this statement is accurate to the best of my knowledge and belief. I understand that submission of false information with the intention to deceive the Commissioner or his Adminsitrative officers is a felony.

 

/s/    Keith A. Mica

(Signature of Officer Authorized to Sign Report)

 

Sworn to and subscribed before me this 30th day of April, 2003.

 

My Commission expires May 15, 2007.

 

/s/ Joseph A. Giacobino, Notery Public

(Notary Seal)

 

Person to whom Supervisory Staff should direct questions concerned this report.

 

Christine Anderson        (212) 437-5984

   
Name       Telephone Number (Extension)