SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by
GEORGIA POWER COMPANY
(the "Company")
This certificate is notice that the above named company has issued,
renewed or guaranteed the security or securities described herein which issue,
renewal or guaranty was exempted from the provisions of Section 6(a) of the Act
and was neither the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule U-48.
Item 1. Type of security or securities.
In connection with the issuance and sale by the Development
Authority of Burke County (the "Authority") of $50,000,000
aggregate principal amount of its 4 3/8% Pollution Control
Revenue Bonds (Georgia Power Company Plant Vogtle Project),
Sixth Series 1995 (the "Revenue Bonds"), the Company issued
the following:
(a) promissory note dated November 8, 1995 (the "Note"),
evidencing the obligation of the Company to repay the
Authority's loan (the "Loan") to it of the proceeds
of the Revenue Bonds, and
(b) First Mortgage Bonds, 4 3/8% Pollution Control Series
due November 1, 2000 (the "Collateral Bonds"),
securing the Company's payment obligations under the
Note.
Item 2. Issue, renewal or guaranty.
Issue
Item 3. Principal amount of each security.
$50,000,000
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Item 4. Rate of interest per annum of each security.
4 3/8%
Item 5. Date of issue, renewal or guaranty of each security.
November 8, 1995
Item 6. If renewal of security, give date of original issue.
Not Applicable
Item 7. Date of maturity of each security.
November 1, 2000, subject to prior special redemption
Item 8. Name of person to whom each security was issued, renewed or
guaranteed.
The Note was issued in favor of the Authority and assigned by
it to Bank South, as trustee (the"Revenue Bond Trustee") for
the benefit of the holders of the Revenue Bonds. The
Collateral Bonds were issued and delivered to the Revenue
Bond Trustee.
Item 9. Collateral given with each security, if any.
The Collateral Bonds secure the Company's payment obligations
under the Note. The Company's first mortgage bonds, including
the Collateral Bonds, are entitled to the benefit of a first
lien on substantially all assets of the Company.
Item 10. Consideration received for each security.
The Company issued the Note and the Collateral Bonds in
consideration of the Loan amounting to $50,000,000 (the "Loan
Proceeds"), excluding the accrued interest received by the
Authority upon its sale of the Revenue Bonds which will be
applied to the initial payment of interest due thereon.
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Item 11. Application of proceeds of each security.
The Loan Proceeds have been deposited with the Revenue Bond
Trustee and applied to the refunding of notes in the principal
amount of $50,000,000 which had been issued by the Authority
to provide for the redemption on November 1, 1995 of
$50,000,000 principal amount of the Authority's 10 1/2%
Pollution Control Revenue Bonds (Georgia Power Company Plant
Vogtle Project), Third Series 1985. See also Item 10
hereinabove.
Item 12. Indicate by a check after the applicable statement below
whether the issue, renewal or guaranty of each security was
exempt from the provisions of Section 6(a) because of:
a. the provisions contained in the first sentence of
Section 6(b)___
b. the provisions contained in the fourth sentence of
Section 6(b)___
c. the provisions contained in any rule of the
Commission other than Rule U-48_X_
Item 13. Not Applicable.
Item 14. Not Applicable.
Item 15. If the security or securities are exempt from the
provisions of Section 6(a) because of any rule of the
Commission other than Rule U-48, designate the rule under
which exemption is claimed.
Rule 52
Date: November 13, 1995 GEORGIA POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary
