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
Appling County (the "Authority") of $57,000,000 aggregate principal amount of
its 5% Pollution Control Revenue Bonds (Georgia Power Company Plant Hatch
Project), First Series 1995 (the "Revenue Bonds"), the Company issued the
following:
(a) promissory note dated September 28, 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, 5% Pollution Control Series due September 1, 2005
(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.
$57,000,000
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Item 4. Rate of interest per annum of each security.
5%
Item 5. Date of issue, renewal or guaranty of each security.
September 28, 1995
Item 6. If renewal of security, give date of original issue.
Not Applicable
Item 7. Date of maturity of each security.
September 1, 2005, subject to prepayment or prior 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 Trust
Company Bank, 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 $57,000,000 (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 redemption in October 1995 of $57,000,000 principal
amount of the Authority's outstanding 10.60% Pollution Control Revenue Bonds
(Georgia Power Company Plant Hatch Project), First 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: October 6, 1995 GEORGIA POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary
