EX-25.(B) 7 ex25_b.htm EXHIBIT 25(B)
Exhibit 25(b)

UNITED STATES
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)           o
 

 
THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
 
 
 
95-3571558
(Jurisdiction of incorporation if not a U.S. national bank)
 
(I.R.S. employer identification no.)
 
400 South Hope Street
Suite 400
Los Angeles, California
 
 
 
90071
(Address of principal executive offices)
 
(Zip code)


PUBLIC SERVICE COMPANY OF COLORADO
(Exact name of obligor as specified in its charter)
 
Colorado
 
84-0296600
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. employer identification no.)
 
1800 Larimer Street, Suite 1100
Denver, Colorado
 
 
80202
(Address of principal executive offices)
 
(Zip code)
 

 
Senior Debt Securities
(Title of the indenture securities)
 


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
Comptroller of the Currency
United States Department of the Treasury
 
Washington, DC 20219
Federal Reserve Bank
San Francisco, CA 94105
 
Federal Deposit Insurance Corporation
Washington, DC 20429
 
(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 articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
3. A copy of the authorization of the trustee to exercise corporate trust powers (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).
- 2 -

4. A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).
 
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. 333-152875).
 
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.
- 3 -

SIGNATURE
 
Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles, and State of California, on the 27th day of September, 2013.
 
 
THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
 
 
 
 
 
 
By:
/s/   Melonee Young
 
 
Name:
Melonee Young
 
 
Title:
Vice President
 

- 4 -

EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 400 South Hope Street, Suite 400, Los Angeles, CA 90071

At the close of business June 30, 2013, published in accordance with Federal regulatory authority instructions.

 
 
Dollar amounts
 
 
 
in thousands
 
ASSETS
 
 
 
 
 
Cash and balances due from depository institutions:
 
 
Noninterest-bearing balances  and currency and coin
   
3,555
 
Interest-bearing balances
   
243
 
Securities:
       
Held-to-maturity securities
   
0
 
Available-for-sale securities
   
706,791
 
Federal funds sold and securities
       
purchased under agreements to resell:
       
Federal funds sold
   
80,200
 
Securities purchased under agreements to resell
   
0
 
Loans and lease financing receivables:
       
Loans and leases held for sale
   
0
 
Loans and leases, net of unearned income
   
0
 
LESS: Allowance for loan and  lease losses
   
0
 
Loans and leases, net of unearned  income and allowance
   
0
 
Trading assets
   
0
 
Premises and fixed assets (including capitalized leases)
   
4,961
 
Other real estate owned
   
0
 
Investments in unconsolidated subsidiaries and associated companies
   
0
 
Direct and indirect investments in real estate ventures
   
0
 
Intangible assets:
       
Goodwill
   
856,313
 
Other intangible assets
   
144,885
 
Other assets
   
144,427
 
Total assets
 
$
1,941,375
 

1
LIABILITIES
 
 
 
 
 
Deposits:
 
 
In domestic offices
   
541
 
Noninterest-bearing
   
541
 
Interest-bearing
   
0
 
Not applicable
       
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased
   
0
 
Securities sold under agreements to repurchase
   
0
 
Trading liabilities
   
0
 
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
   
0
 
Not applicable
       
Not applicable
       
Subordinated notes and debentures
   
0
 
Other liabilities
   
249,025
 
Total liabilities
   
249,566
 
Not applicable
       
 
       
EQUITY CAPITAL
       
 
       
Perpetual preferred stock and related surplus
   
0
 
Common stock
   
1,000
 
Surplus (exclude all surplus related to preferred stock)
   
1,121,667
 
Not available
       
Retained earnings
   
566,137
 
Accumulated other comprehensive income
   
3,005
 
Other equity capital components
   
0
 
Not available
       
Total bank equity capital
   
1,691,809
 
Noncontrolling (minority) interests in consolidated subsidiaries
   
0
 
Total equity capital
   
1,691,809
 
Total liabilities and equity capital
   
1,941,375
 

I, Cherisse Waligura, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Cherisse Waligura                                        )            CFO

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and 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 issued by the appropriate Federal regulatory authority and is true and correct.

Troy Kilpatrick, President                      )
Frank P. Sulzberger, Director              )            Directors (Trustees)
William D. Lindelof, Director              )
 

2