As filed with the Securities and Exchange Commission on June 18, 1997.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: June 11, 1997
(Date of earliest event reported)
Commission Registrant; State of Incorporation; I.R.S. Employer
File Number Address; and Telephone Number Identification No.
1-9130 CENTERIOR ENERGY CORPORATION 34-1479083
(An Ohio Corporation)
6200 Oak Tree Boulevard
Independence, Ohio 44131
Telephone (216) 447-3100
1-2323 THE CLEVELAND ELECTRIC 34-0150020
ILLUMINATING COMPANY
(An Ohio Corporation)
c/o Centerior Energy Corporation
6200 Oak Tree Boulevard
Independence, Ohio 44131
Telephone (216) 622-9800
1-3583 THE TOLEDO EDISON COMPANY 34-4375005
(An Ohio Corporation)
300 Madison Avenue
Toledo, Ohio 43652
Telephone (419) 249-5000
This combined Form 8-K is separately filed by Centerior Energy
Corporation ("Centerior"), The Cleveland Electric Illuminating Company
("Cleveland Electric") and The Toledo Edison Company ("Toledo Edison").
Centerior, Cleveland Electric and Toledo Edison are sometimes referred
to collectively as the "Companies". Cleveland Electric and Toledo
Edison are sometimes referred to collectively as the "Operating
Companies". Information contained herein relating to any individual
registrant is filed by such registrant on its behalf. No registrant
makes any representation as to information relating to any other
registrant, except that information relating to either or both of the
Operating Companies is also attributed to Centerior.
Item 5. Other Events
Pending Merger with Ohio Edison. For additional information relating to
this topic, see "Outlook-Pending Merger with Ohio Edison" under Item 7.
Management's Discussion and Analysis of Financial Condition and Results
of Operations in the Companies' Annual Report on Form 10-K for the year
ended December 31, 1996.
On June 11, 1997, an agreement was reached between FirstEnergy Corp.
("FirstEnergy") and the City of Cleveland that provides the framework
for resolving transmission and distribution issues between Cleveland
Electric and Cleveland Public Power ("CPP"). FirstEnergy believes that
the agreement will enable both Cleveland Electric and CPP to better
serve their customers while enhancing opportunities for economic
development and growth within their respective service areas. In a
related development, an agreement was also reached with American
Municipal Power-Ohio ("AMP-Ohio") that forms a framework for resolving
certain transmission and operating issues. As a result of the
agreements, the City of Cleveland and AMP-Ohio will withdraw their
opposition to the pending merger of Centerior and Ohio Edison Company at
both the federal and state levels and all pending litigation involving
the City of Cleveland or CPP and the Companies will be stayed for 90
days to allow for settlement discussions.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
CENTERIOR ENERGY CORPORATION
Registrant
THE CLEVELAND ELECTRIC ILLUMINATING
COMPANY
Registrant
THE TOLEDO EDISON COMPANY
Registrant
By: JANIS T. PERCIO
Janis T. Percio,
Secretary of each Registrant
June 18, 1997
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