File No. 70-8987
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
AMENDMENT NO. 1 TO
FORM U-1 APPLICATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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SOUTHWESTERN ELECTRIC POWER COMPANY
428 Travis Street
Shreveport, Louisiana 71156
WEST TEXAS UTILITIES COMPANY
301 Cypress Street
Abilene, Texas 79601
PUBLIC SERVICE COMPANY OF OKLAHOMA
212 E. 6th Street
Tulsa, Oklahoma 74119
(Name of company filing this statement and
address of principal executive office)
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CENTRAL AND SOUTH WEST CORPORATION
(Name of top registered holding company parent)
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Wendy G. Hargus
Treasurer
Central and South West Corporation
1616 Woodall Rodgers Freeway
Dallas, Texas 75202
Joris M. Hogan
Milbank, Tweed, Hadley & McCloy
1 Chase Manhattan Plaza
New York, New York 10005
(Names and addresses of agents for service)
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Southwestern Electric Power Company ("SWEPCO"), a Delaware
Corporation, Public Service Company of Oklahoma ("PSO"), an Oklahoma
corporation, and West Texas Utilities Company ("WTU" and, collectively with
SWEPCO and PSO, the "Applicants"), a Texas corporation, each an electric utility
subsidiary of Central and South West Corporation ("CSW"), a registered holding
company under the Public Utility Holding Company Act of 1935, as amended (the
"Act"), hereby file this Amendment No. 1 to the Form U-1 Application in File No.
70-8979 to amend Items 1 and 6. In all other respects, the Application as
previously filed will remain the same. Item 1. Description of Proposed
Transaction.
Item 1 is hereby amended by adding the following text between
the first and second sentences of the fourth paragraph of Item 1:
"Accordingly, revenue received from such rentals would be
recorded in Federal Energy Regulatory Commission account number 454."
The forth paragraph of Item 1, as so amended, is restated as
follows:
All rental payments from nonaffiliated third parties for
excess space are, and in the future will be, accounted for as rent from property
devoted to electric operations for the Applicant that owns the relevant building
or property. Accordingly, revenue received from such rentals would be recorded
in Federal Energy Regulatory Commission account number 454. It is not intended
that payments from nonaffiliated third parties
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for excess space will be used to finance the acquisition of an exempt wholesale
generator ("EWG") or a foreign utility company ("FUCO") as defined in Sections
32 and 33 of the Act.
Item 6. Exhibits and Financial Statements.
Item 6 is hereby amended to file the following exhibit by
incorporation by reference:
Exhibit 3 - Financial Statements of SWEPCO, PSO and WTU,
as of December 31, 1996 (incorporated by
reference to the financial statements filed
with the Applicants' consolidated Annual
Report on Form 10-K for the period ended
December 31, 1996).
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S I G N A T U R E
- - - - - - - - -
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, the undersigned have duly caused this document to be signed
on their behalf by the undersigned persons thereunto duly authorized.
Dated: April 1, 1997
SOUTHWESTERN ELECTRIC POWER COMPANY
By/s/WENDY G. HARGUS
Wendy G. Hargus
Treasurer
PUBLIC SERVICE COMPANY OF OKLAHOMA
By/s/WENDY G. HARGUS
Wendy G. Hargus
Treasurer
WEST TEXAS UTILITIES COMPANY
By/s/WENDY G. HARGUS
Wendy G. Hargus
Treasurer
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INDEX OF EXHIBITS
EXHIBIT TRANSMISSION
NUMBER EXHIBIT METHOD
- ------- ------- ------------
1 Preliminary Opinion of Milbank, Tweed,
Hadley & McCloy, counsel to SWEPCO, PSO
and WTU (previously filed). ---
2 Proposed Notice of Proceeding
(previously filed). ---
3 Financial Statements of SWEPCO, PSO Incorporated
and WTU, as of December 31, 1996. by reference
4 Final or "Past Tense" opinion of
Milbank, Tweed, Hadley & McCloy,
counsel to SWEPCO, PSO and WTU
(to be filed with Certificate of
Notification). ---
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