EX-99.8 9 ex99-8.txt EX. A-1.8 RENEWAL NOTICE Portland General Electric Company 121 SW Salmon Street Portland, Oregon 97204 Via Certified Mail ------------------ January 16, 2004 Wells Fargo Bank Northwest NA Attn: Necia Stevens Corporate Trust, 12th Floor 299 South Main Salt Lake city, Utah 84111 Subject: Renewal Notice for 5 years: Coal Unloading and Handling Facility, ----------------------------------------------------------------- Boardman, Oregon ---------------- Dear Ms. Stevens: Portland General Electric Company, ("PGE"), is the Lessee under the Lease Agreement dated as of September 1, 1979, as amended and restated, for the coal handing facility referenced above. Attached, is a Notice of PGE regarding the option to renew the lease, commencing January 23, 2005 for a period of 5 years pursuant to the provisions of Sections 19 and 28 of the Lease Agreement. If you have any questions about this notice, please call Mahendra Shah at (503) 464 7087, or me at (503) 464 7395. Sincerely, /s/ William Valach William Valach Assistant Treasurer c. ICON/Boardman Facility LLC US Bank c/o ICON Capital Corp. Corporate Trust Services Attn: Paul Weiss Attn: Cora Gruenberg 260 California Street, 7th Floor 555 SW Oak Street, PL-6 San Francisco, CA 94111 Portland, OR 97204 - Page 1 - c. US Bank Principal Life Insurance Company Corporate Trust Services, Compliance Attn: Rob Stiles Attn: Glendy Yuen 801 Grand Avenue 1420 Fifth Avenue, 7th Floor Des Moines, Iowa 50392-0800 Seattle, WA 98101 ICON/Boardman Facility LLC Attn: Matt Laszyk 100 5th Avenue, 10th Floor New York, NY 10011 - Page 2 - COAL UNLOADING AND HANDLING FACILITY BOARDMAN, OREGON PORTLAND GENERAL ELECTRIC COMPANY DATED: JANUARY 16, 2004 --------------------------------------------------------------------- NOTICE OF PORTLAND GENERAL ELECTRIC COMPANY REGARDING OPTION TO RENEW LEASE --------------------------------------------------------------------- NOTICE IS HEREBY GIVEN by Portland General Electric Company (the "Company") to Wells Fargo Bank Northwest NA Corporate Trust, 12th Floor 299 South Main Salt Lake City, Utah 84111, Lessor under the Lease Agreement dated as of September 1, 1979, as amended and supplemented, between the Company and Lessor ("Lease Agreement"), that, pursuant to the provisions of Sections 19 and 28 of the Lease Agreement, the Company, as Lessee under the Lease Agreement, hereby elects to renew the Lease for an initial renewal period of five (5) years. The Company hereby certifies that a copy of this Notice has been mailed to the Owner Participant as required by Section 28 of the Lease Agreement. All words and terms used in this Notice not otherwise defined herein shall have the meanings specified in the Lease Agreement. DATED as of the day and year first above written. PORTLAND GENERAL ELECTRIC COMPANY /s/ James J. Piro --------------------------- Name: James J. Piro Title: Executive VP and CFO