FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 25049
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Act of 1934
Date of Report (Date of earliest event reported): September 5, 2000
(September 1, 2000)
St. Joseph Light & Power Company
(Exact name of registrant as specified in its charter)
Missouri 1-3576 44-0419850
(State or other (Commission file (IRS Employer Identification
jurisdiction Number) Number)
of incorporation)
520 Francis Street, P.O.Box 998 St. Joseph, Missouri 64502-0998
(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (816) 233-8888
Not applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On September 1, 2000, the Company's wholly owned subsidiary,
SJLP Inc., sold its investment in warrants which are exercisable
into shares of common stock in ExOp of Missouri for cash of
$6,250,000. The acquirer was UtiliCorp Communications Services, Inc.,
a wholly owned subsidiary of UtiliCorp United Inc. (UtiliCorp).
UtiliCorp and the Company have entered into an agreement to merge
which is subject to approval by the Missouri Public Service
Commission.
The gain on the sale of the warrants will increase the
Company's net income in the third quarter by approximately $3.85
million, or $.47 per share.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS.
(a) -- (c) Not applicable.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, hereunto duly authorized.
ST. JOSEPH LIGHT & POWER COMPANY
Date: September 5, 2000 By: /s/ Gary L. Myers
Gary L. Myers
Vice President, General Counsel
and Secretary
