16 economist sunsuntribune saturday april 3 2004 canada needs a change conservative conservative party of camida wwwbobjcallowcom 18667234455 authorized by the official agent for the bob callow campaign ontario energy board commission de ienergie de iontario ontario rp20o4o143 eb20040223 notice of application leave for the amalgamation of markham hydro distribution inc hydro vaughan distribution inc and richmond hill hydro inc and related matters on march 15 2004 markham hydro distribution inc markham hydro and hydro vaughan distribution inc hydro vaughan filed an application the application with the ontario energy board the board seeking leave for the amalgamation of markham hydro hydro vaughan and richmond hill hydro inc richmond hill hydro the application also seeks related orders from the board the board has assigned file number rp20040143eb20040223 to the application currently the town of markham indirectly holds 100 percent of the common shares of markham hydro and the city of vaughan directly holds 100 percent of the common shares of hydro vaughan markham hydro and hydro vaughan in turn each hold 50 percent of the common shares of richmond hill hydro the application proposes that the share capital of the tliree utilities be merged to create an amalgamated corporation the amalgamated corporation whose common shares would be allocated based on the discounted cash flow valuations of markham hydro hydro vauglian and richmond hill hydro at the completion of the proposed transaction the city of vauglian and the town of markham would indirectly hold 59 and 41 percent respectively ofthe common shares of the amalgamated corporation copies of the application are available for inspection at die boards offices and at the local offices of markham hydro hydro vaughan and richmond hill hydro at the addresses indicated below if you wish to partidpale in this proceeding you must make a written submission to the board seaetary within 14 calendar days ofthe publication of this notice information on how to participate may be obtained by calling the boards customer service center tollfree at 18776322727 by email at boardsecoebgovonca or from the frequently asked questions faq section of the boards web site at wwwoebgovonca a copy of your submission must also be sent to markham hydro as the point of contact addresses ontario energy board po box 2319 2300 yonge street toronto on m4p 1e4 peter h odell acting board secretary tel 18886326273 toll free fax 4164407656 markham hydro distribution inc 8100 warden avenue po box 4100 markham on l3r8h7 mr milan bolkovic president tel 9054773810 fax9055134134 dated at toronto march 31 2004 ontario energy board peter ii odell acting board secretary hydro vaughan distribution inc 2800 rutherford road vaughan on l4k2n9 mr brian bentz president tel 9054176900 fax 9053032000 richmond hill hydro inc 1 150 elgin mills road east po box 418 richmond hill on l4c4y6 mr colin parmenter president and chief executive officer tel 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