EX-25 21 ex-25f.htm FORM T-1 - PREFERRED SECURITIES GUARANTEE OF FINANCING III ex-25f

Exhibit 25.f

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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)           |__|

___________________________

THE BANK OF NEW YORK

(Exact name of trustee as specified in its charter)

New York
(State of incorporation
if not a U.S. national bank)

13-5160382
(I.R.S. employer
identification no.)

One Wall Street, New York, N.Y.
(Address of principal executive offices)

10286
(Zip code)

___________________________

KANSAS CITY POWER & LIGHT COMPANY
(Exact name of obligor as specified in its charter)

Missouri
(State or other jurisdiction of
incorporation or organization)

44-0308720
(I.R.S. employer
identification no.)

1201 Walnut
Kansas City, Missouri
(Address of principal executive offices)


64106-2124
(Zip code)

___________________________

Guarantee of Trust Preferred Securities of KCPL Financing III
(Title of the indenture securities)

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_______________________________________________________________________

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

Superintendent of Banks of the State of New York

2 Rector Street, New York, N.Y. 10006, and Albany, N.Y. 12203

Federal Reserve Bank of New York

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

Federal Deposit Insurance Corporation

Washington, D.C. 20429

New York Clearing House Association

New York, New York 10005

(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 Organization Certificate of 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 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)

4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.)

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. 33-44051.)

_______________________________________________________________________

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, 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 22nd day of August, 2003.

THE BANK OF NEW YORK

By: /S/ MARY LAGUMINA
Name: MARY LAGUMINA
Title: VICE PRESIDENT

________________________________________________________________________

EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK

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, 2003, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

ASSETS

Dollar Amounts
In Thousands

Cash and balances due from depository institutions:

 

Noninterest-bearing balances and currency and coin

$4,389,492

Interest-bearing balances

3,288,212

Securities:

 

Held-to-maturity securities

654,763

Available-for-sale securities

17,626,360

Federal funds sold in domestic offices

1,759,600

Securities purchased under agreements to resell

911,600

Loans and lease financing receivables:

 

Loans and leases held for sale

724,074

Loans and leases, net of unearned income.....32,368,718

 

LESS: Allowance for loan and lease losses......826,505

 

Loans and leases, net of unearnedincome and allowance...........31,542,213

 

Trading Assets

7,527,662

Premises and fixed assets (including capitalized leases)

825,706

Other real estate owned

164

Investments in unconsolidated subsidiaries and associated companies

260,940

Customers' liability to this bank on acceptances outstanding

225,935

Intangible assets

 

Goodwill

2,027,675

Other intangible assets

75,330

Other assets

4,843,295
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Total assets

$76,683,021
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LIABILITIES

 

Deposits:

 

In domestic offices

$33,212,852

Noninterest-bearing............12,997,086

 

Interest-bearing............20,215,766

 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

24,210,507

Noninterest-bearing............595,520

 

Interest-bearing............23,614,987

 

Federal funds purchased in domestic offices

375,322

Securities sold under agreements to repurchase

246,755

Trading liabilities

2,335,466

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

959,997

Bank's liability on acceptances executed and outstanding

227,253

Subordinated notes and debentures

2,090,000

Other liabilities

5,716,796
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Total liabilities

$69,374,948
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Minority interest in consolidated subsidiaries

540,772


EQUITY CAPITAL

 

Perpetual preferred stock and related surplus

0

Common stock

1,135,284

Surplus

1,056,295

Retained earnings

4,463,720

Accumulated other comprehensive income

(112,002)

Other equity capital components

0

Total equity capital

6,767,301
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Total liabilities minority interest and equity capital

$76,683,021
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I, Thomas J. Mastro, Senior Vice President and Comptroller 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 J. Mastro,
Senior Vice President and Comptroller

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.

Thomas A. Renyi)
Gerald L. Hassell)
Alan R. Griffith  )

Directors