IN THE MATTER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and IN THE MATTER OF an Application by Centra Gas British Columbia Inc. BEFORE: J.G. McIntyre, ) Chainnan; and ) July 18, 1991 W.M. Swanson, Q.c., ) Commissioner ) o R D E R WHEREAS: A. By Application dated July 5, 1991, Centra Gas British Columbia Inc. ("Centra Gas") sought approval under Section 57(2) of the Utilities Commission Act ("the Act") to issue additional common shares, from time to time, to Centra Utility Investments Inc. which will not exceed $20,000,000; and B. The common share proceeds will enable Centra Gas to finance the construction of its natural gas distribution systems on Vancouver Island and the Sunshine Coast; and C. The Commission has reviewed the Application and is satisfied that approval is necessary and in the public interest. NOW THEREFORE the Commission hereby orders as follows: Pursuant to Section 57(2) of the Act, the Centra Gas Application to issue additional common shares, from time to time, to Centra Utility Investments Inc., not exceeding $20,000,000, is approved in principle, subject to Centra Gas' filing of the final share documents. DATED at the City of Vancouver, in the Province of British Columbia, this day of July, 1991. BCUCfOrderslCG-Common Shares fmm SIXTH FLOOR, 900 STREET, VANCOUVER, B,C. V6l 2N3, CANADA, t:u::!-nv,,"c (604) 1·800·663·1385, FACSIMILE (604) 660·1102
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