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 "Burke Authority") of
$49,600,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Vogtle Project), First Series 1997 (the "Burke
Revenue Bonds"), the issuance and sale by the Development
Authority of Monroe County (the "Monroe Authority") of
$19,600,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Scherer Project), First Series 1997 (the "Monroe
Revenue Bonds"), and the issuance and sale by the Development
Authority of Putnam County (the "Putnam Authority") of
$20,800,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Branch Project), First Series 1997 (the "Putnam
Revenue Bonds" and, together with the Burke Revenue Bonds and
the Monroe Revenue Bonds, the "Revenue Bonds"), the Company
issued the following:
(a) promissory note dated April 9, 1997 in the principal
amount of $49,600,000 (the "Burke Note"), evidencing
the obligation of the Company to repay the Burke
Authority's loan (the "Burke Loan") to it of the
proceeds of the Burke Revenue Bonds,
(b) promissory note dated April 9, 1997 in the principal
amount of $19,600,000 (the "Monroe Note"), evidencing
the obligation of the Company to repay the Monroe
Authority's loan (the "Monroe Loan") to it of the
proceeds of the Monroe Revenue Bonds, and
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(c) promissory note dated April 9, 1997 in the principal
amount of $20,800,000 (the "Putnam Note"), evidencing
the obligation of the Company to repay the Putnam
Authority's loan (the "Putnam Loan") to it of the
proceeds of the Putnam Revenue Bonds.
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 Burke 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 Burke Revenue Bonds.
Initially, the Monroe Revenue Bonds will bear interest from
the date of their original issuance and delivery at a Daily
Rate determined by SunTrust Bank, Atlanta, the Remarketing
Agent for the Monroe 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 Lehman Brothers, 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.
April 9, 1997.
Item 6. If renewal of security, give date of original issue.
Not Applicable.
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Item 7. Date of maturity of each security.
April 1, 2032, subject to prepayment or prior redemption.
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 The Bank of New York, 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 $90,000,000 (the "Loans' Proceeds").
Item 11. Application of proceeds of each security.
The Loans' Proceeds have been deposited with the Revenue Bond
Trustee and will be applied to the refunding redemptions of
$49,600,000 outstanding 8.375% Development Authority of Burke
County Pollution Control Revenue Bonds (Georgia Power Company
Plant Vogtle Project) Series 1987 due July 1, 2017,
$19,600,000 outstanding 8.375% Development Authority of Monroe
County Pollution Control Revenue Bonds (Georgia Power Company
Plant Scherer Project) Series 1987 due July 1, 2017 and
$20,800,000 outstanding 8.375% Development Authority of Putnam
County Pollution Control Revenue Bonds (Georgia Power Company
Plant Branch Project) Series 1987 due July 1, 2017.
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_
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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: April 11, 1997 GEORGIA POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary
