U-7D 1 formu7d.txt FORM U-7D CERTIFICATE FORM U-7D CERTIFICATE PURSUANT TO RULE 7(d) UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Amendment --------- The undersigned certifies that this certificate accurately summarizes, as required in the instructions hereto, the information requested as to the contract relating to nuclear fuel identified herein and the transactions for the financing thereof. All capitalized terms used herein and in Schedule A hereto shall have the meaning assigned to them in the Credit Agreement (as hereinafter defined). 1. Lessee public-utility company: IES Utilities Inc. (the "Utility") ------------------------------ Address: Alliant Tower -------- 200 First Street, SE Cedar Rapids, IA 52401 2. Date: Fuel Lease dated as of August 21, 1973, ----- as amended by an Amendment thereto dated as of September 17, 1987 and as further amended by an Amendment thereto dated August 3, 2001 (the "Amended Fuel Lease"). 2a.Date facility was placed in service: January 1, 1974 ------------------------------------ 3. Regulatory Authority which has acted on Iowa Utilities Board. ---------------------------------------- Date of Order: June 19, 1973. transaction: ------------ 4. Term of Fuel Lease; Renewal Options: Automatic one-year extensions through ------------------------------------- December 31, 2023, subject to earlier termination. 5. Brief description of facility: 70% undivided interest in assemblies of ------------------------------ nuclear fuel and components thereof for Duane Arnold Energy Center. 6. Manufacturers or Suppliers: a. Atlas Energy Corporation (formerly ----------------------------- known as Atlas Corporation) b. Sequoyah Fuels Corp.(which is the successor-in-interest to Kerr McGee Corporation) c. Department of Energy (which is the successor-in-interest to the Atomic Energy Commission) d. General Electric Company; and e. Any other supplier referred to in the Fuel Lease. 7. Cost of facility: Up to approximately $60,000,000. ----------------- 8. Basic Rent: Basic rent is paid by Lessee. The payments ----------- are made quarterly and are calculated on the Lessor's financing and administrative costs plus amortization of the basis of Arnold Fuel, Inc.'s ("Lessor") debt based on rate of burn-up of the nuclear fuel. 9. Holder of legal title to facility: Arnold Fuel, Inc. ---------------------------------- c/o Broad Street Contract Services, Inc. 48 Wall Street, 27th Floor New York, New York 10005-2902 10. Holders of beneficial interests: --------------------------------
Name and Address Amount Invested Percent of Equity ---------------- ---------------- ------------------ Arnold Fuel, Inc. (See Item 7) 100% c/o Broad Street Contract Services, Inc. 48 Wall Street, 27th Floor New York, NY 10005-2902
All of the authorized and outstanding capital stock of Arnold Fuel, Inc. is owned by Broad Street Contract Services, Inc., a Delaware corporation, all of whose authorized and outstanding capital stock are owned by Peter H. Sorensen and Dwight Jenkins. Bank One, N.A., as collateral representative for itself and the banks party to the 2001 Credit Agreement (as hereinafter defined) holds a security interest in Collateral as defined in the 2001 Credit Agreement, subject to the rights of the Utility in the Nuclear Fuel. 11.If part or all of the financing is supplied by a loan on which only principal and interest is payable, state: ----------------------------------- Amount borrowed: Up to $60,000,000. ---------------- Number of lenders: Two (2) ------------------- Period Subject to earlier termination upon the ------- occurrence of certain events specified in the 2001 Credit Agreement, the 2001 Credit Agreement terminates on August 2, 2002 (the "Initial Termination Date") unless extended upon agreement of all the Banks for additional period of 364 days from the Initial Termination Date then in effect (in each case, the "Loan Commitment Termination Date") Interest rate: Variable* -------------- Terms of repayment: Variable* ------------------- Date executed: August 3, 2001 -------------- _______________ * See Schedule A hereto.
[Balance of Page Intentionally Left Blank] Date executed: August 31, 2001 ARNOLD FUEL, INC. By: /s/Dwight Jenkins Dwight Jenkins Vice President STATE OF NEW YORK ) : ss.: COUNTY OF NEW YORK ) The undersigned being duly sworn deposes and says that he, being duly authorized, has executed the attached Certificate for and on behalf of Arnold Fuel, Inc.; that he is a Vice President of said corporation; that he has read the foregoing Certificate and knows the contents thereof; and that the facts therein stated are true to the best of his knowledge, information and belief. /s/Dwight Jenkins --------------------- Dwight Jenkins Subscribed to and sworn to before me this ___ day of August, 2001. /s/ ---------------------------------------- Notary Public Notary Public, State of New York No. Qualified in ________ County Certificate Filed in New York County Commission Expires _____________