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FILE NO. 70-8891
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 7 TO FORM U-1 APPLICATION/DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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<CAPTION>
<S> <C> <C>
IES Industries Inc. Interstate Power Company WPL Holdings, Inc.
200 First Street S.E. 1000 Main Street 222 West Washington Avenue
Cedar Rapids, Iowa 52401 Dubuque, Iowa 52004 Madison, Wisconsin 53703
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(Name of companies filing this statement and address of
principal executive office)
None
(Name of top registered holding company, parent of each applicant or declarant)
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<S> <C> <C>
Lee Liu Michael R. Chase Erroll B. Davis, Jr.
Chairman of the Board & President and Chief President and
Chief Executive Officer Executive Officer Chief Executive Officer
IES Industries Inc. Interstate Power Company WPL Holdings, Inc.
200 First Street S.E. 1000 Main Street 222 West Washington Avenue
Cedar Rapids, Iowa 52401 Dubuque, Iowa 52004-0769 Madison, Wisconsin 53703-0192
</TABLE>
(Names and addresses of agents for service)
The Commission is requested to send copies of all notices, orders and
communications in connection with this Application/Declaration to:
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<S> <C> <C>
Barbara J. Swan, Esq. Stephen W. Southwick, Esq. Kent Ragsdale, Esq.
Vice President and General Vice President, General Counsel Staff Counsel
Counsel & Secretary Interstate Power Company
Wisconsin Power and Light Company IES Industries Inc. 1000 Main Street
222 West Washington Avenue 200 First Street S.E. P.O. Box 769
Madison, Wisconsin 53703-0192 Cedar Rapids, Iowa 52401 Dubuque, Iowa 52004-0769
</TABLE>
M. Douglas Dunn, Esq.
Milbank, Tweed, Hadley & McCloy
1 Chase Manhattan Plaza New York, New York 10005
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The Applicants hereby amend and supplement their
Application/Declaration on Form U-1 in File No. 70-8891 (the "Application") as
follows:
1. INTRA-SYSTEM FINANCING. Item 3, Section B final paragraph. The final
paragraph is amended and supplemented to read as follows:
Applicants hereby request that the Commission approve the
continuance of all outstanding and committed intercompany loans, guarantees and
support agreements for a period of not less than six months.
2. PROCEDURE AND TIMING. Item 5 of the Application is amended and restated to
read as follows:
ITEM 5. PROCEDURE
The Commission is respectfully requested to enter an order not
later than March 24, 1998 granting and permitting this Application/Declaration
to become effective.
It is submitted that a recommended decision by a hearing or
other responsible officer of the Commission is not needed for approval of the
proposed Transaction. The Division of Investment Management may assist in the
preparation of the Commission's decision. There should be no waiting period
between the issuance of the Commission's order and the date on which it is to
become effective.
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SIGNATURES
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, each of the undersigned companies has duly caused this
Application/Declaration to be signed on its behalf by the undersigned thereunto
duly authorized.
Date: March 17, 1998
WPL HOLDINGS, INC.
By: /s/ Erroll B. Davis, Jr.
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Erroll B. Davis, Jr.
President and Chief Executive
Officer
IES INDUSTRIES INC.
By: /s/ Lee Liu
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Lee Liu
Chairman of the Board &
Chief Executive Officer
INTERSTATE POWER COMPANY
By: /s/ Michael R. Chase
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Michael R. Chase
President and
Chief Executive Officer
