EX-25.(A) 3 ex25a.htm EXHIBIT 25(A) ex25a.htm


Exhibit 25(a)
 
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)
_______________________________________________________

U.S. BANK  NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall
Minneapolis, Minnesota
 
55402
(Address of principal executive offices)
(Zip Code)

K. Wendy Kumar
U.S. Bank National Association
100 Wall Street
New York, NY  10005
(212) 361-2535
(Name, address and telephone number of agent for service)

Public Service Company of Colorado
(Issuer with respect to the Securities)
Colorado
84-0296600
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)

1800 Larimer Street
Denver, CO
 
80202-5533
(Address of Principal Executive Offices)
(Zip Code)

First Mortgage Bonds

 
 

 
 
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.
   
 Comptroller of the Currency
   
 Washington, D.C.

 
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.*

 
2.
A copy of the certificate of authority of the Trustee to commence business.*

 
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

 
4.
A copy of the existing bylaws of the Trustee.**

 
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 Trust Indenture Act of 1939, attached as Exhibit 6.
 
 
7. 
Report of Condition of the Trustee as of June 30, 2010 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
 
 
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
 
** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-159463 filed on August 24, 2009.

 
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SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 New York, State of New York on the  4th of November, 2010.

   
By:
/s/ K. Wendy Kumar
 
     
K. Wendy Kumar
Vice President
 
 

By:
/s/ Beverly Freeney
   
 
Beverly Freeney
Vice President
   
       

 
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Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.


Dated: November 4th, 2010


   
By:
/s/ K. Wendy Kumar
 
     
K. Wendy Kumar
Vice President
 


By:
/s/ K. Wendy Kumar
 
 
K. Wendy Kumar
Vice President
 

 
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
Exhibit 7
As of 6/30/2010

($000’s)
     
6/30/2010
 
Assets
     
 
Cash and Balances Due From Depository Institutions
  $ 5,021,509  
 
Securities
    46,751,442  
 
Federal Funds
    4,344,927  
 
Loans & Lease Financing Receivables
    182,237,162  
 
Fixed Assets
    5,440,512  
 
Intangible Assets
    13,006,313  
 
Other Assets
    21,662,778  
 
Total Assets
  $ 278,464,643  
           
Liabilities
       
 
Deposits
  $ 191,033,345  
 
Fed Funds
    11,079,681  
 
Treasury Demand Notes
    0  
 
Trading Liabilities
    437,280  
 
Other Borrowed Money
    32,340,366  
 
Acceptances
    0  
 
Subordinated Notes and Debentures
    8,129,967  
 
Other Liabilities
    7,450,842  
 
Total Liabilities
  $ 250,471,481  
           
Equity
       
 
Minority Interest in Subsidiaries
  $ 1,704,554  
 
Common and Preferred Stock
    18,200  
 
Surplus
    12,636,872  
 
Undivided Profits
    13,633,536  
 
Total Equity Capital
  $ 27,993,162  
           
Total Liabilities and Equity Capital
  $ 278,464,643  
 

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association
 
     
By:
/s/ K. Wendy Kumar
 
 
 Vice President
 
 
Date:  November 4th, 2010
 
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