EX-25.1 6 d547567dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

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)

 

 

UMB BANK, NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

 

44-0201230

I.R.S. Employer

Identification No.

 

1010 Grand Blvd.

Kansas City, Missouri

  64106
(Address of principal executive offices)   (Zip Code)

Anthony Hawkins

UMB BANK, NATIONAL ASSOCIATION

1010 Grand Blvd.

Kansas City, MO 64106

(816) 860-3014

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

 

 

KANSAS CITY POWER & LIGHT COMPANY

(Issuer with respect to the Securities)

 

 

 

Missouri   44-0308720

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

1201 Walnut Street

Kansas City, Missouri

  64106
(Address of Principal Executive Offices)   (Zip Code)

 

 

General Mortgage Bonds

(Title of the Indenture Securities)

 

 

 


FORM T-1

 

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.

The Comptroller of the Currency

Mid-Western District

2345 Grand Avenue, Suite 700

Kansas City, Missouri 64108

Federal Reserve Bank of Kansas City

Federal Reserve P.O. Station

Kansas City, Missouri 64198

Supervising Examiner

Federal Deposit Insurance Corporation

720 Olive Street, Suite 2909

St. Louis, Missouri 63101

 

  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

 

Items 3-15 Items 3-15 are not applicable because, to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of the Trustee (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-74008).

 

  2. Certificate of Authority from the Comptroller of the Currency evidencing a change of the corporate title of the Association (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-74008).

 

  3. Certificate from the Comptroller of the Currency evidencing authority to exercise corporate trust powers and a letter evidencing a change of the corporate title of the Association (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-74008).

 

  4. Bylaws, as amended of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-74008).

 

  5. A copy of each Indenture referred to in Item 4. Not applicable.

 

  6. The consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Registration Statement No. 333-74008).

 

  7. Report of Condition of the Trustee as of December 31, 2017 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, UMB BANK, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of Kansas City, State of Missouri on the 28th of February, 2018.

 

By:   /s/ Mark Heer
  Mark Heer
  Senior Vice President


Exhibit 7

 

   Schedule RC     15

Consolidated Report of Condition for Insured Banks and Savings Associations for December 31, 2017

All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.

Schedule RC—Balance Sheet

 

    

Dollar Amounts in Thousands

          Amount       

Assets

 

        

1. Cash and balances due from depository institutions (from Schedule RC-A):

 

        

a. Noninterest-bearing balances and currency and coin (1)

 

   RCON0081      391,340      1.a.

b. Interest-bearing balances (2)

 

   RCON0071      1,337,509      1.b.

2. Securities:

 

        

a. Held-to-maturity securities (from Schedule RC-B, column A)

 

   RCON1754      1,261,014      2.a.

b. Available-for-sale securities (from Schedule RC-B, column D)

 

   RCON1773      6,257,412      2.b.

3. Federal funds sold and securities purchased under agreements to resell:

 

        

a. Federal funds sold

 

   RCONB987      5,135      3.a.

b. Securities purchased under agreements to resell ,(3)

 

   RCONB989      186,466      3.b.

4. Loans and lease financing receivables (from Schedule RC-C):

 

        

a. Loans and leases held for sale

 

   RCON5369      1,460      4.a.

b. Loans and leases held for investment

   RCONB528      11,280,420           

c. LESS: Allowance for loan and lease losses

   RCON3123      100,604           

d. Loans and leases held for investment, net of allowance (item 4.b minus 4.c)

 

   RCONB529      11,179,816      4.d.

5. Trading assets (from Schedule RC-D)

 

   RCON3545      48,606     

5.

6. Premises and fixed assets (including capitalized leases)

 

   RCON2145      216,124     

6.

7. Other real estate owned (from Schedule RC-M)

 

   RCON2150      1,501     

7.

8. Investments in unconsolidated subsidiaries and associated companies

 

   RCON2130      0     

8.

9. Direct and indirect investments in real estate ventures

 

   RCON3656      0     

9.

10. Intangible assets:

 

        

a. Goodwill

 

   RCON3163      108,650      10.a.

b. Other intangible assets (from Schedule RC-M)

 

   RCON0426      10,577      10.b.

11. Other assets (from Schedule RC-F)

 

   RCON2160      552,328     

11.

12. Total assets (sum of items 1 through 11)

 

   RCON2170      21,557,938     

12.

 

(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
(3) Includes all securities resale agreements, regardless of maturity.


    

Dollar Amounts in Thousands

          Amount       

Liabilities

 

        

13. Deposits

 

        

a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)

 

   RCON2200      18,312,790     

13.a.

(1) Noninterest-bearing (1)

   RCON6631      7,128,735           

13.a.(1)

(2) Interest-bearing

   RCON6636      11,184,055           

13.a.(2)

b. Not applicable

 

        

14. Federal funds purchased and securities sold under agreements to repurchase:

 

        

a. Federal funds purchased (2)

 

   RCONB993      11,334     

14.a.

b. Securities sold under agreements to repurchase (3)

 

   RCONB995      1,249,905     

14.b.

15. Trading liabilities (from Schedule RC-D)

 

   RCON3548      0     

15.

16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)

 

   RCON3190      10,996     

16.

17. Not applicable

 

        

18. Not applicable

 

        

19. Subordinated notes and debentures (4)

 

   RCON3200      0     

19.

20. Other liabilities (from Schedule RC-G)

 

   RCON2930      156,960     

20.

21. Total liabilities (sum of items 13 through 20)

 

   RCON2948      19,741,985     

21.

22. Not applicable

 

        

22.

Equity Capital

 

        

Bank Equity Capital

 

        

23. Perpetual preferred stock and related surplus

 

   RCON3838      0     

23.

24. Common stock

 

   RCON3230      21,250     

24.

25. Surplus (exclude all surplus related to preferred stock)

 

   RCON3839      750,818     

25.

26.

 

        

a. Retained earnings

 

   RCON3632      1,088,349     

26.a.

b. Accumulated other comprehensive income (5)

 

   RCONB530      (44,464   

26.b.

c. Other equity capital components (6)

 

   RCONA130      0     

26.c.

27.

 

        

a. Total bank equity capital (sum of items 23 through 26.c)

 

   RCON3210      1,815,953     

27.a.

b. Noncontrolling (minority) interests in consolidated subsidiaries

 

   RCON3000      0     

27.b.

28. Total equity capital (sum of items 27.a and 27.b)

 

   RCONG105      1,815,953     

28.

29. Total liabilities and equity capital (sum of items 21 and 28)

 

   RCON3300      21,557,938     

29.

 

(1) Includes noninterest-bearing demand, time, and savings deposits.
(2) Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”
(3) Includes all securities repurchase agreements, regardless of maturity.
(4) Includes limited-life preferred stock and related surplus.
(5) Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and accumulated defined benefit pension and other postretirement plan adjustments.
(6) Includes treasury stock and unearned Employee Stock Ownership Plan shares.


   Schedule RC     16

Schedule RC-Continued

 

Memoranda

To be reported with the March Report of Condition.

 

       Number         

1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2016

     RCON6724        N/A        M.1.  

 

1a = An integrated audit of the reporting institution’s financial statements and its internal control over financial reporting conducted in accordance with the standards of the American Institute of Certified Public Accountants (AICPA) or the Public Company Accounting Oversight Board (PCAOB) by an independent public accountant that submits a report on the institution.

 

1b = An audit of the reporting institution’s financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the institution.

 

2a = An integrated audit of the reporting institution’s parent holding company’s consolidated financial statements and its internal control over financial reporting conducted in accordance with the standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately).
2b = An audit of the reporting institution’s parent holding company’s consolidated financial statements only conducted in accordance with the auditing standards of the AICPA or the PCAOB by an independent public accountant that submits a report on the consolidated holding company (but not on the institution separately).

 

3 = This number is not to be used.

 

4 = Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)

 

5 = Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)

 

6 = Review of the bank’s financial statements by external auditors

 

7 = Compilation of the bank’s financial statements by external auditors

 

8 = Other audit procedures (excluding tax preparation work)

 

9 = No external audit work
 

 

       Date         

To be reported with the March Report of Condition.

        

2. Bank’s fiscal year-end date (report the date in MMDD format)

     RCON8678        N/A        M.2.