<PAGE> File No. 70-8347
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________
AMENDMENT NO. 4
TO
FORM U-1
_______________________________
APPLICATION OR DECLARATION
under the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
* * *
APPALACHIAN POWER COMPANY
40 Franklin Road, Roanoke, Virginia 24022
COLUMBUS SOUTHERN POWER COMPANY
215 North Front Street, Columbus, Ohio 43215
OHIO POWER COMPANY
301 Cleveland Avenue, S.W., Canton, Ohio 44702
(Name of companies filing this statement and
addresses of principal executive offices)
* * *
AMERICAN ELECTRIC POWER COMPANY, INC.
1 Riverside Plaza, Columbus, Ohio 43215
(Name of top registered holding company
parent of each applicant or declarant)
* * *
G. P. Maloney, Executive Vice President
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
A. Joseph Dowd, General Counsel
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
(Names and addresses of agents for service)
Appalachian Power Company ("APCo"), Columbus Southern Power
Company ("CSPCo") and Ohio Power Company ("OPCo") (sometimes
individually referred to herein as "Company" and collectively as
"Companies"), hereby amend their Application or Declaration in File
No. 70-8347 by filing the following exhibit as part of this
statement:
Exhibit D-8-1 Copy of OPCo's Supplemental Finding and Order of
The Public Utilities Commission of Ohio in Case No.
93-1230-EL-AIS
Exhibit D-8-2 Copy of OPCo's Finding and Order of The Public
Utilities Commission of Ohio in Case No. 93-1230-
EL-AIS [Incorporated herein by reference to File
No. 70-8241, Amendment No. 1, Exhibit D-10]
SIGNATURE
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned companies have duly
caused this statement to be signed on their behalf by the under-
signed thereunto duly authorized.
APPALACHIAN POWER COMPANY
COLUMBUS SOUTHERN POWER COMPANY
OHIO POWER COMPANY
By_/s/ G. P. Maloney_____
Vice President
Dated: April 25, 1994
finance\amend#4.cps
Exhibit D-8-1
BEFORE THE PUBLIC UTILITIES COMMISSION OF OHIO
In the Matter of the Application of )
COLUMBUS SOUTHERN POWER COMPANY for )
Authority to Issue and Sell First ) Case No. 93-1229-EL-AIS
Mortgage Bonds of One or More New )
Series. )
In the Matter of the Application of )
OHIO POWER COMPANY for Authority to; )
(A) Issue and Sell First Mortgage )
Bonds of One or More New Series; )
(B) Issue and Sell One or More Series ) Case No. 93-1230-EL-AIS
of Cumulative Preferred Stock; and )
(C) Refinance the Terms of Install- )
ment Agreements of Sale with Mason )
County and Marshall County, )
West Virginia. )
SUPPLEMENTAL FINDING AND ORDER
The Commission finds:
(1) By Commission Order dated September 16, 1993, Columbus
Southern Power ("Columbus Southern") was authorized to
issue and sell, in one or more transactions, from time to
time, through June 30, 1994, up to $255 million aggregate
principal amount of its First Mortgage Bonds ("New
Bonds") in one or more new series.
(2) By Commission Order dated September 9, 1993, Ohio Power
Company ("Ohio Power") was authorized to issue and sell,
in one or more transactions, from time to time, through
June 30, 1994; (a) up to $160 million aggregate principal
amount of its First Mortgage Bonds ("New Bonds"), in one
or more new series; (b) up to $100 million aggregate per
value of one or more series of its Cumulative Preferred
Stock, par value $25 and/or $100 per share (the
"Preferred Stock"), and (c) to enter into transactions
with Mason County and Marshall County (collectively the
"County"), West Virginia, in order for the County to
issue additional pollution control revenue bonds in
aggregate principal amount of up to $50 million.
(3) Columbus Southern states that it will have issued $200
million of its New Bonds in March 1994. Columbus
Southern also states that due to volatility of interest
rates and the market conditions it may be necessary to
delay issuing the remaining $55 million of the New Bonds
(the "CSP Bonds") until after June 30, 1994.
(4) Ohio Power states that it has issued $75 million of its
New Bonds and $85 million of its Preferred Stock. Ohio
Power states that it has issued $75 million of its New
Bonds and $85 million of its Preferred Stock. Ohio Power
also states that due to volatility of interest rates and
the market conditions it may be necessary to delay
issuing the remaining $85 million of the New Bonds (the
"OP Bonds") and $15 million of the Preferred Stock (the
"OP Stock") until after June 30, 1994.
(5) Applicants, Columbus Southern and Ohio Power, now request
to extend the Commission authorization to issue the
remaining $55 million the of CSP Bonds, $85 million of
the OP Bonds and $15 million of the OP Stock,
respectively, through June 30, 1995.
(6) Applicants' requests appear to be reasonable and the
Commission Orders in these cases should be modified,
except that the authorization be limited to a time period
ending March 16, 1994, for the following reasons: (1)
uncertainty of interest rates beyond a 12-month period,
and (2) difficulty in predicting financial market
conditions over a longer time period.
(7) In all other respects, the Commission Orders dated
September 9 and September 16, 1993 for Ohio Power and
Columbus Southern, respectively, should remain in full
force and effect.
It is, therefore,
ORDERED, That the Commission Orders dated September 9 and
September 16, 1993, for Ohio Power and Columbus Southern,
respectively, are hereby amended and modified to extend the
authorization to issue the remaining OP Bonds and the OP Stock by
Ohio Power and the CSP Bonds by Columbus Southern, respectively,
through March 16, 1995. It is, further,
ORDERED, That in all other respects, the Commission Orders
dated September 9 and September 16, 1993, for Ohio Power and
Columbus Southern, respectively, shall remain in full force and
effect. It is, further,
ORDERED, That a copy of this Supplemental Order be served upon
all parties of record.
THE PUBLIC UTILITIES COMMISSION OF OHIO
____/s/ Craig A. Glazer_________________
Craig A. Glazer, Chairman
_________________________ _/s/ Jolynn Barry Butler__
J. Michael Biddison Jolynn Barry Butler
__________________________ __/s/ David W. Johnson____
Richard M. Fanelly David W. Johnson
Entered in the Journal
March 16, 1994
/s/ Gary E. Vigorito
Gary E. Vigorito
Secretary
opfinan.93b\suppord.puc
