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File No. 70-8597
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 4
TO
FORM U-1 APPLICATION-DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
________________________________
CENTRAL POWER AND LIGHT COMPANY
539 North Carancahua Street
Corpus Christi, Texas 78401
(Name of company filing this statement and address
of principal executive office)
_________________________________
CENTRAL AND SOUTH WEST CORPORATION
(Name of top registered holding company parent)
_________________________________
Shirley S. Briones, Treasurer
Central Power and Light Company
Williams Tower II
2 West Second Street
Tulsa, Oklahoma 74103-3102
Stephen J. McDonnell, Treasurer
Central and South West Corporation
1616 Woodall Rodgers Freeway
P.O. Box 660164
Dallas, Texas 75266-0164
Joris M. Hogan, Esq.
Milbank, Tweed, Hadley & McCloy
1 Chase Manhattan Plaza
New York, New York 10005
(Names and addresses of agents for service)
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Central Power and Light Company (the "Company"), a Texas
corporation and a wholly-owned electric public utility subsidiary of Central
and South West Corporation, a Delaware corporation and a registered holding
company under the Public Utility Holding Company Act of 1935, as amended,
hereby files this Amendment No. 4 to the Form U-1 Application-Declaration in
File No. 70-8597 for the purpose of amending Item 1 to include the following
additional information.
Item 1. Description of Proposed Transaction.
The principal amount of the Matagorda County Navigation District
Number One (Texas) Pollution Control Revenue Refunding Bonds (Central Power
and Light Company Project) Series 1995 (the "Series 1995 Bonds") will be
$100,635,000. The Series 1995 Bonds will mature on July 1, 2028 and will bear
interest at the rate of 6.10% per annum. The Series 1995 Bonds will be sold
to the public at 100% of their principal amount. The underwriters' fees will
be .82% of the principal amount of the Series 1995 Bonds ($825,207 total).
The insurance premium will be .275% of par to be paid at closing, plus .06% of
outstanding par annually thereafter, premium rounded to the nearest thousand.
This results in an all-in cost of money to the Company of 6.30%.
The Series 1995 Bonds will be subject to optional redemption as
follows:
Redemption
Redemption Dates Prices
July 1, 2000 through June 30, 2001 102%
July 1, 2001 through June 30, 2002 101%
July 1, 2002 and thereafter 100%
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S I G N A T U R E
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Pursuant to the requirements of the Public Utility Holding Company
Act of 1935, as amended, the undersigned company has duly caused this document
to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: June 13, 1995
CENTRAL POWER AND LIGHT COMPANY
By/s/SHIRLEY S. BRIONES
Shirley S. Briones
Treasurer
