File No. 70-8229
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 8
(Post-Effective No. 6)
to
Form U-1
APPLICATION OR DECLARATION
under
The Public Utility Holding Company Act of 1935
GULF POWER COMPANY
500 Bayfront Parkway
Pensacola, Florida 32501
(Name of company or companies filing this statement
and addresses of principal executive offices)
THE SOUTHERN COMPANY
(Name of top registered holding company parent
of each applicant or declarant)
Warren E. Tate, Secretary and Treasurer
GULF POWER COMPANY
500 Bayfront Parkway
Pensacola, Florida 32501
(Names and addresses of agents for service)
The Commission is requested to mail signed copies
of all orders, notices and communications to:
W. L. Westbrook John F. Young
Financial Vice President Vice President
The Southern Company Southern Company Services, Inc.
64 Perimeter Center East One Wall Street, 42nd Floor
Atlanta, Georgia 30346 New York, New York 10005
John D. McLanahan, Esq.
Troutman Sanders
600 Peachtree Street, N.E.
Suite 5200
Atlanta, Georgia 30308-2216
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Item 1. Description of Proposed Transactions.
The first paragraph added to Item 1 in Amendment No. 7 (Post-
Effective No. 5) is hereby deleted and replaced with the following:
"Pursuant to the terms of the Second Series Revenue Bonds and
the Trust Indenture under which they are to be issued, the rate of
interest on the Second Series Revenue Bonds shall not in any event
exceed 15% per annum. Notwithstanding such maximum rate, the
effective cost to Gulf of the Second Series Revenue Bonds determined
from time to time will not exceed the yield at the time on U. S.
Treasury securities having a comparable maturity. Such effective
cost will reflect the applicable interest rate or rates and any
underwriter's discount or commission."
SIGNATURE
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, the undersigned company has duly caused this
amendment to be signed on its behalf by the undersigned thereunto
duly authorized.
Dated: September 27, 1994 GULF POWER COMPANY
By
Wayne Boston
Assistant Secretary
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