File No. 70-09157
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 2 TO
FORM U-1 APPLICATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
BL Holding Corp.
One MetroTech Center
Brooklyn, New York 11201
(Name of company filing this statement
and address of principal executive offices)
None
(Name of top registered holding company parent
of each applicant or declarant)
Robert R. Wieczorek Kathleen A. Marion
Vice President, Secretary Vice President and
and Treasurer Corporate Secretary
KeySpan Energy Corporation Long Island Lighting Company
One MetroTech Center 175 East Old Country Road
Brooklyn, New York 11201 Hicksville, New York 11801
(Name and address of agents for service)
The Commission is requested to mail copies of
all orders, notices and communications to:
Lance D. Myers Leonard P. Novello
Cullen and Dykman Senior Vice President and General Counsel
177 Montague Street Long Island Lighting Company
Brooklyn, New York 11201 175 East Old Country Road
Hicksville, New York 11801
<PAGE>
This Amendment No. 2 on Form U-1/A to the Form U-1 of BL Holding Corp.
is being filed for the following purposes:
1. To amend the seventh paragraph of Item 1 to read as follows:
Item 1. Description of the Proposed Transactions.
Description of the Parties
2. BL Holding Corp.
(a) KeySpan Energy Corporation
(i) Brooklyn Union distributes natural gas in the New York City
Boroughs of Brooklyn, Staten Island and Queens and is
regulated by the Public Service Commission of the State of
New York ("NYSPSC"). Brooklyn Union is a "gas utility
company" under section 2(a)(4) of the Act. As of December
31, 1997, Brooklyn Union had approximately 1,138,096 active
meters, of which approximately 1,093,000 were residential.
Also as of December 31, 1997, Brooklyn Union had total
revenues of approximately $1,356.9 million. Brooklyn Union's
service territory is approximately 187 square miles. The
population of the territory served is approximately 4
million persons.
2. To amend the fifteenth paragraph of Item 3 to read as follows:
Item 3. Applicable Statutory Provisions.
3. Discussion
Treatment of T&D Manager under Section 2(a)(3)
In evaluating the activities of the T&D Manager, the Applicant believes
that the following factors demonstrate that the T&D Manager is not an "electric
utility company."
3. To amend the first paragraph of Item 5 to read as follows:
Item 5. Procedure.
The Commission issued and published the requisite notice under Rule 23
with respect to the filing of the Application on March 6, 1998 (Release No.
35-26838) and such notice specified a date not later than March 30, 1998 by
which comments were to be entered. The Commission is respectfully requested to
reserve jurisdiction over the Application as it relates to the Combination
pending completion of the record and to issue its order granting and permitting
this Application as it relates to the Modified Combination and the LIPA
Transaction as soon as practicable.
<PAGE>
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.
BL HOLDING CORP.
By: LONG ISLAND LIGHTING COMPANY
By: /s/ Theodore A. Babcock
--------------------------
Name: Theodore A. Babcock
Title: Vice President and Treasurer
By: KEYSPAN ENERGY CORPORATION
By: /s/ Anne C. Jordan
----------------------
Name: Anne C. Jordan
Title: Vice President
Date: May 15, 1998
