Attached files

file filename
10-K - FORM 10-K - CenterPoint Energy Restoration Bond Company, LLCh71826e10vk.htm
EX-31.1 - EX-31.1 - CenterPoint Energy Restoration Bond Company, LLCh71826exv31w1.htm
EX-34.1 - EX-34.1 - CenterPoint Energy Restoration Bond Company, LLCh71826exv34w1.htm
EX-33.2 - EX-33.2 - CenterPoint Energy Restoration Bond Company, LLCh71826exv33w2.htm
EX-35.1 - EX-35.1 - CenterPoint Energy Restoration Bond Company, LLCh71826exv35w1.htm
EX-34.2 - EX-34.2 - CenterPoint Energy Restoration Bond Company, LLCh71826exv34w2.htm
         
EXHIBIT 33.1
REPORT ON ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA
FOR ASSET-BACKED SECURITIES
CenterPoint Energy Houston Electric, LLC (the “Servicer”), as a party participating in the servicing function under Item 1122 of Regulation AB, hereby reports on its assessment of compliance with the servicing criteria specified in paragraph (d) of Item 1122 of Regulation AB, as follows:
  1.   The Servicer is responsible for assessing compliance with the servicing criteria applicable to it. The servicing criteria specified in the following paragraphs of paragraph (d) of Item 1122 of Regulation AB are not applicable to the Servicer based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Servicer and that are backed by the same asset type backing the approximately $664.9 million original principal amount of CenterPoint Energy Restoration Bond Company, LLC’s system restoration bonds (the “Senior Secured System Restoration Bonds”): (1)(ii) (outsourcing), (1)(iii) (back-up servicing), (1)(iv) (fidelity bond), (2)(ii) (wire transfer disbursements), (2)(vi) (unissued checks), (3)(ii) (allocation and remittance), (3)(iii) (disbursements to investors), (4)(iii) (additions, removals or substitutions), (4)(v) (records regarding pool assets), (4)(ix) (adjustments to interest rates), (4)(xi) (payments on behalf of obligors), (4)(xii) (late payment penalties), (4)(xiii) (obligor disbursements) and (4)(xv) (external credit enhancement);
 
  2.   The Servicer used the criteria in paragraph (d) of Item 1122 of Regulation AB to assess compliance with the applicable servicing criteria;
 
  3.   The Servicer has determined that it is in compliance with the applicable servicing criteria as of December 31, 2009 and for the period November 25, 2009 through December 31, 2009, which is the period covered by this report on Form 10-K; and
 
  4.   Deloitte & Touche LLP, a registered public accounting firm, has issued an attestation report on the Servicer’s assessment of compliance with the applicable servicing criteria as of December 31, 2009 and for the period November 25, 2009 through December 31, 2009, which is the period covered by this report on Form 10-K.
Executed as of this 30th day of March, 2010.
         
  CenterPoint Energy Houston Electric, LLC, as servicer
 
 
  By:   /s/ Marc Kilbride    
  Name:   Marc Kilbride   
  Title:   Vice President and Treasurer