IDAHO POWER CO
POS AM, 1994-01-04
ELECTRIC SERVICES
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                                                  Registration No. 33-60046
===========================================================================

                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
                              ---------------

                              POST-EFFECTIVE
                              AMENDMENT NO. 1
                                TO FORM S-3
                          REGISTRATION STATEMENT
                                   Under
                        The Securities Act of 1933


                            IDAHO POWER COMPANY
          (Exact name of registrant as specified in its charter)

                                   IDAHO
      (State or other jurisdiction of incorporation or organization)
                                     
                                82-0130980
                   (I.R.S. Employer Identification No.)

                           1221 W. Idaho Street
                         Boise, Idaho  83702-5627
                               208-383-2200

(Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)

                              ---------------

J. LaMONT KEEN           ROBERT W. STAHMAN        ELIZABETH W. POWERS, ESQ.
Vice President and       Vice President, General  Reid & Priest
Chief Financial Officer  Counsel and Secretary    40 West 57th Street
Idaho Power Company      Idaho Power Company      New York, New York 10019
1221 W. Idaho Street     1221 W. Idaho Street     (212) 603-2000
Boise, Idaho 83702-5627  Boise, Idaho 83702-5627       
(208) 383-2200           (208) 383-2200

 (Name, address, including zip code, and telephone number, including area
code, of agents for service)
                              ---------------
                                Copies to:
                        ROBERT B. HIDEN, JR., ESQ.
                            Sullivan & Cromwell
                              250 Park Avenue
                         New York, New York  10177
                              ---------------
===========================================================================





                                  PART II


                  Information Not Required in Prospectus

                  Deregistration of First Mortgage Bonds


          Idaho Power Company hereby withdraws from registration $10,000,000
of First Mortgage Bonds remaining registered under Registration No. 33-60046.




                                SIGNATURES

          Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-3 and has duly caused this post-
effective amendment to the registration statement to be signed on its behalf
by the undersigned, thereunto duly authorized, in the City of Boise, and
State of Idaho, on the 3rd day of January, 1994.
                                 
                              IDAHO POWER COMPANY


                              By  /s/ Joseph W. Marshall
                                -------------------------
                                Joseph W. Marshall
                                Chairman of the Board and
                                Chief Executive Officer

          Pursuant to the requirements of the Securities Act of 1933, this
post-effective amendment to the registration statement has been signed below
by the following persons in the capacities and on the dates indicated.

Signatures                         Title                    Date
- ----------                         -----                    ----

/s/ Joseph W. Marshall             Chairman of         January 3, 1994
- -------------------------          the Board and
(Joseph W. Marshall)               Chief Executive
                                   Officer

/s/ Larry R. Gunnoe                President,          January 3, 1994
- -------------------------          Chief 
(Larry R. Gunnoe)                  Operating
                                   Officer and
                                   Director




/s/ J. LaMont Keen                 Vice                January 3, 1994
- -------------------------          President and 
(J. LaMont Keen)                   Chief Financial
                                   Officer
                                   (Principal
                                   Financial Officer)

/s/ Harold J. Hochhalter           Controller          January 3, 1994
- -------------------------          (Principal
(Harold J. Hochhalter)             Accounting
                                   Officer)

Robert D. Bolinder, Roger L. Breezley, 
John B. Carley, George L. Coiner, 
Peter T. Johnson, Evelyn Loveless,      Directors      January 3, 1994
James A. McClure, Jon H. Miller, 
Richard T. Norman, Gene C. Rose, 
Phil Soulen
     
        
By  /s/ Robert W. Stahman
   -----------------------------------------
   (Robert W. Stahman, Attorney-in-Fact)



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