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 Bartow County (the "Bartow Authority") of
$24,945,000 aggregate principal amount of its Pollution
Control Revenue Bonds (Georgia Power Company Plant Bowen
Project), First Series 1996 (the "Bartow Revenue Bonds") and
the issuance and sale by the Development Authority of Putnam
County (the "Putnam Authority" and, together with the Bartow
Authority, the "Authorities") of $26,400,000 aggregate
principal amount of its Pollution Control Revenue Bonds
(Georgia Power Company Plant Branch Project), First Series
1996 (the "Putnam Revenue Bonds" and, together with the Bartow
Revenue Bonds, the "Revenue Bonds"), the Company issued the
following:
(a) promissory note dated June 25, 1996 in the principal
amount of $24,945,000 (the "Bartow Note"), evidencing
the obligation of the Company to repay the Bartow
Authority's loan (the "Bartow Loan") to it of the
proceeds of the Bartow Revenue Bonds, and
(b) promissory note dated June 25, 1996 in the principal
amount of $26,400,000 (the "Putnam Note" and,
together with the Bartow Note, the "Notes"),
evidencing the obligation of the Company to repay the
Putnam Authority's loan (the "Putnam Loan" and,
together with the Bartow Loan, the "Loans") to it of
the proceeds of the Putnam Revenue Bonds.
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Item 2. Issue, renewal or guaranty.
Issue.
Item 3. Principal amount of each security.
See Item 1 hereinabove.
Item 4. Rate of interest per annum of each security.
Each of the Notes will bear interest at the rate or rates of
interest borne by the corresponding series of Revenue Bonds.
Initially, the Bartow Revenue Bonds will bear interest from
the date of their original issuance and delivery at a Daily
Rate determined by Citicorp Securities, Inc., the Remarketing
Agent for the Bartow Revenue Bonds.
Initially, the Putnam Revenue Bonds will bear interest from
the date of their original issuance and delivery at a Daily
Rate determined by Citicorp Securities, Inc., the Remarketing
Agent for the Putnam Revenue Bonds.
The Company may from time to time change the method of
determining the interest rate on any series of the Revenue
Bonds to a Daily, Weekly, Commercial Paper or Long-Term
Interest Rate.
Item 5. Date of issue, renewal or guaranty of each security.
June 25, 1996.
Item 6. If renewal of security, give date of original issue.
Not Applicable.
Item 7. Date of maturity of each security.
June 1, 2023, subject to prepayment or prior redemption.
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Item 8. Name of person to whom each security was issued, renewed or
guaranteed.
The Notes were issued in favor of the respective Authorities
and assigned by each of them to SunTrust Bank, Atlanta, as
trustee (the "Revenue Bond Trustee") for the benefit of the
holders of the respective series of Revenue Bonds.
Item 9. Collateral given with each security, if any.
None.
Item 10. Consideration received for each security.
The Company issued the Notes in consideration of the Loans
aggregating $51,345,000 (the "Loans' Proceeds").
Item 11. Application of proceeds of each security.
The Loans' Proceeds have been deposited with the Revenue Bond
Trustee and have been or will be applied to the refunding
redemptions of $24,945,000 principal amount of the Bartow
Authority's 7.25% Pollution Control Revenue Bonds (Georgia
Power Company Plant Bowen Project), First Series 1991 and
$26,400,000 principal amount of the Putnam Authority's 7.25%
Pollution Control Revenue Bonds (Georgia Power Company Plant
Branch Project), First Series 1991.
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.
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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: July 3, 1996 GEORGIA POWER COMPANY
By:__/s/Wayne Boston__________
Wayne Boston
Assistant Secretary
