EX-25.A 7 exh25a.htm FORM T-1

Securities Act of 1933 File Nos. 333-88525 and ___________
______________________________________________________________________________

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.

180 East Fifth Street
St. Paul, Minnesota

 
55101

(Address of principal executive offices)

(Zip Code)

 

Peter M. Brennan
U.S. Bank National Association
1555 N. River Center Drive Suite 301
Milwaukee, WI 53212
(414) 905-5003

 (Name, address and telephone number of agent for service)

 

WPS Resources Corporation
(Issuer with respect to the Securities)

 

Wisconsin

39-1775292

   

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

 

700 North Adams Street, Green Bay WI

54301

(Address of Principal Executive Offices)

(Zip Code)

 

Indenture Senior Debt Securities Dated as of October 1, 1999
(Title of the Indenture Securities)

 

______________________________________________________________________________

 

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. As now in effect.*

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 December 31, 2002, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

* A copy of each of these documents is on file with the Securities and Exchange Commission as an exhibit with corresponding exhibit numbers to the Form T-1 of Structured Obligations Corporation, filed pursuant to Section 305(b)(2) of the Trust Indenture Act of 1939, as amended, on November 16,2001Registration No. 333-67188), and is incorporated herein by Registration Number 333-67188.

 

NOTE

 

        The answers to this statement insofar as such answers relate to what persons have been underwriters for any securities of the obligors within three years prior to the date of filing this statement, or what persons are owners of 10% or more of the voting securities of the obligors, or affiliates, are based upon information furnished to the Trustee by the obligors. While the Trustee has no reason to doubt the accuracy of any such information, it cannot accept any responsibility therefor.

 

 

 

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 Milwaukee, Wisconsin on the 28th day of April 2003.

 

U.S. BANK NATIONAL ASSOCIATION

 

By: /s/ Peter M. Brennan  
Peter M. Brennan
Assistant Vice President

 

By: /s/ Michael K. Herberger 
Michael K. Herberger
Trust Officer

 

 

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: April 28, 2003

 

U.S. BANK NATIONAL ASSOCIATION

 

By: /s/ Peter M. Brennan  
Peter M. Brennan
Assistant Vice President

 

By: /s/ Michael K. Herberger 
Michael K. Herberger
Trust Officer

 

Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2002

($000's)

 

 

12/31/2002

Assets

Cash and Due From Depository Institutions 

$10,868,204

Federal Reserve Stock 0

0

Securities 

28,139,801
Federal Funds 873,395
Loans & Lease Financing Receivables  116,078,132
Fixed Assets 1,389,233
Intangible Assets 9,218,064
Other Assets 9,482,963
   Total Assets $176,049,792

Liabilities

Deposits  $121,684,914
Fed Funds  5,858,510
Treasury Demand Notes 0
Trading Liabilities 402,464
Other Borrowed Money 17,397,658
Acceptances  148,979
Subordinated Notes and Debentures  5,696,532
Other Liabilities  5,200,399
   Total Liabilities $156,389,456
Equity
Minority Interest in Subsidiaries $992,867
Common and Preferred Stock  18,200
Surplus 11,314,669
Undivided Profits  7,334,600
   Total Equity Capital $19,660,336
Total Liabilities and Equity Capital  $176,049,792

____________________________________________________________________________
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

/s/ Peter M. Brennan
Assistant Vice President

Date: April 28, 2003