SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. V6Z 2N3 CANADA web site: http://www.bcuc.com IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by Central Heat Distribution Limited for Approval of Long-Term Debt Financing BEFORE: P. Ostergaard, Chair ) L.R. Barr, Deputy Chair B.L. Clemenhagen, Commissioner ) K.L. Hall, Commissioner ) O R D E R WHEREAS: A. On June 16, 2000 Central Heat Distribution Limited (“CHDL”) applied for approval in principle to fix the terms of $3,500,000 of long-term debt with the Royal Bank of Canada for a period of five years, pursuant to Section 50(2) of the Utilities Commission Act (“the Act”); and B. On June 23, 2000, the Commission issued Letter No. L-29-00 approving the application in principle; and C. On July 4, 2000, CHDL advised the Commission of the final terms of the debt and requested the Commission give final approval to the transaction; and D. The Commission has reviewed the application and supporting material. NOW THEREFORE the Commission approves for CHDL the terms of the $3,500,000 long-term debt with the Royal Bank of Canada, as applied for pursuant to Section 50 of the Act. DATED at the City of Vancouver, in the Province of British Columbia, this 20 Orders/CHDL-Long-Term Debt FinancingB R I T IS H C O L U M B I A U T I L I T I E S C O M M I S S I ON O R D ER N U M B E R G-71-00 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 ) July 20, 2000 th day of July 2000. BY ORDER Original signed by: Peter Ostergaard Chair
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