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South Dakota Public Utilities Commission Meeting
Thursday, March 28, 2002; 3:00 P.M.
State Capitol Building, Room 464
Pierre, South Dakota

NOTE: If you wish to join this meeting by conference call, please contact the Commission at 605-773-3201 by 5:00 p.m. on March 27, 2002.

NOTE: Notice is further given to persons with disabilities that this Commission meeting is being held in a physically accessible place. If you have special needs, please notify the Commission and we will make all necessary arrangements.



1. GD01-003 IN THE MATTER OF THE GRAIN DEALER'S BONDS OF WHEETCO, INC. (Staff: Bob Knadle. Staff Attorney: Kelly Frazier.)

On August 24, 2001, the Public Utilities Commission filed with the Fifth Judicial Circuit a Petition to Appoint South Dakota Public Utilities Commission as a receiver of Wheetco, Inc. to take possession of the cash proceeds of the following grain dealer's bonds: (1) the bond commencing July 1, 1998, and ending June 30, 1999; (2) the bond commencing July 1, 1999, and ending June 30, 2000; and (3) the bond commencing July 1, 2000, and ending June 30, 2001. On September 20, 2001, the Commission was appointed receiver by the Honorable Judge Larry H. Lovrien of the Fifth Judicial Circuit of South Dakota. A hearing was held on January 16, 2002. On March 5, 2002, Staff filed a Motion to Reopen the Record.

TODAY, shall the Commission grant Staff's Motion? AND, what is the Commission's decision?



Sue Cichos
Deputy Executive Director