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As Filed with the Securities and
Exchange Commission on April 22, 1998
File Number 70-9155
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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AMENDMENT NO. 4 TO
FORM U-1 APPLICATION/DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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CONECTIV
800 King Street
Wilmington DE 19899
(Name of company filing this statement and
address of principal executive office)
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Conectiv
(Name of top registered holding company parent)
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Louis M. Walters
Treasurer
Conectiv
800 King Street
Wilmington, DE 19899
(Name and address of agents for service)
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The Commission is requested to send copies of all notices, orders and
communications in connection with this Application/Declaration to:
<TABLE>
<S> <C>
Peter F. Clark, Esq. Joyce Koria Hayes, Esq.
Conectiv 7 Graham Court
800 King Street Newark, DE 19711
Wilmington, DE 19899
</TABLE>
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The Application-Declaration as previously filed and amended is hereby further
amended as follows:
Item 1. Description of Proposed Transaction
The second paragraph under "V. STATEMENT PURSUANT TO RULE 54" is revised to
read as follows:
"Rule 53 requires that the aggregate investment in EWGs and FUCOs not
exceed 50% of a system's consolidated retained earnings. THE COMPANY's present
investments in EWGs and FUCOs satisfies the 50% limitation. THE COMPANY
indirectly owns a 50% equity interest in Burney Forest Products, a joint
venture, which owns a qualifying facility and related sawmill in Burney,
California. Burney Forest Products is also an EWG. THE COMPANY's aggregate
current investment in Burney Forest Products is de minimis. THE COMPANY will
not make any additional investments in EWGs and FUCOs that cause it to exceed
the Rule 53 limitation, unless the Commission otherwise authorizes."
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SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.
CONECTIV
By: /s/ Louis M. Walters
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Title: Treasurer
Date: April 22, 1998
