File No. 70-8507
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 5
TO FORM U-1
APPLICATION AND DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
NORTHEAST UTILITIES
174 Brush Hill Avenue
West Springfield, Massachusetts 01089
CHARTER OAK ENERGY, INC.
COE DEVELOPMENT CORPORATION
107 Selden Street
Berlin, CT 06037-1616
(Name of company filing this statement and
address of principal executive offices)
NORTHEAST UTILITIES
(Name of top registered holding
company parent of each applicant or declarant)
Jeffrey C. Miller, Esq.
Assistant General Counsel
NORTHEAST UTILITIES SERVICE COMPANY
P.O. Box 270
Hartford, Connecticut 06141-0270
(Name and address of agent for service)
The Commission is requested to mail copies of
all orders, notices and communications to:
Mark Malaspina, Esq. William S. Lamb, Esq.
Charter Oak Energy, Inc. LeBoeuf, Lamb, Greene & MacRae
P.O. Box 270 L.L.P.
Berlin, CT 06141-0270 125 W. 55th Street
New York, New York 10019-4513
Northeast Utilities, Charter Oak Energy, Inc. and COE
Development Corporation (collectively, the "Applicants") hereby
amend their Application/Declaration on Form U-1, as previously
amended (File No. 70-8507) as set forth below. In all other
respects, the Application/Declaration as previously filed will
remain the same:
1. Item 1(C)(1) of the Application/Declaration is hereby
amended by adding the following paragraph to the end thereof:
The Applicants hereby request that the Commission reserve
jurisdiction over (1) that portion of Charter Oak s funding
authorization that exceeds $200 million (net of existing
investment) and (2) the request for funding authorization for
Charter Oak for the period from January 1, 1998 through December
31, 1999.
2. Item 1(J) of the Application/Declaration is hereby amended
and restated as follows:
J. Reporting of Activities.
Charter Oak will continue to file a report with the
Commission within sixty days of the end of each of the first
three calendar quarters. Each report will include: (1) a
description of the Exempt Project including, but not limited to,
the type, location, size/capacity, amount of investment in, and
percentage and form of ownership; (2) a balance sheet as of the
relevant quarterly reporting date; (3) a twelve month income
statement; (4) a breakdown of the amounts of recourse and non-
recourse debt securities issued to third parties by Intermediate
Companies; (5) a statement of the applicable regulatory status of
any facility that is eligible for exemption as a public-utility
under the Act; and (6) information on intercompany service
transactions involving affiliated Intermediate Companies, EWGs
and FUCOs, including (a) the name of each associate company
providing services, (b) a listing of services provided, (c) the
total dollar amount of services provided, broken down by
associate company, and (d) the aggregate outstanding amount, as
of the relevant quarterly reporting date, of all guarantees
issued by or for the account of Charter Oak or any of its
subsidiary companies formed pursuant to this application-
declaration.
Such report will also provide in reasonable detail
(pursuant to a confidential exhibit, if so requested) terms
(including interest rate and maturity and the basis for inflation
adjustment in the case of non-recourse indebtedness denominated
in any currency other than U.S. dollars) of securities issued by
any Intermediate Company to third persons.
Furthermore, Charter Oak Energy, Inc. will continue to
file with the Commission, on or before May 1 of each year, an
annual report of its activities for the preceding calendar year
using, where applicable, the Form U-13-60 reporting format as
defined in Rule 94.
4. Item 6 of the Applications/Declaration is hereby amended and
restated as follows:
Item 6. EXHIBITS AND FINANCIAL STATEMENTS
a) Exhibits
A-1 Copy of Certificate of Charter Oak (previously
filed)
A-2 Copy of By-laws of Charter Oak (previously filed)
A-3 Form of certificate of shares of common stock of
Charter Oak (previously filed)
F-1 Opinion of Counsel (previously filed)
G-1 Proposed Form of Notice (previously filed)
H-1 Charter Oak Energy, Inc. 1997-98 Estimated
Expenditures (previously filed)
H-2 Charter Oak Energy, Inc. 1997 Estimated Budget.
b) Financial Statements
1.1 Balance Sheet Actual and Pro Forma - NU
(parent only), as of March 31, 1995
(previously filed)
1.2 Statement of Income Actual and Pro Forma - NU
(parent only), as of March 31, 1995
(previously filed)
2.1 Balance Sheet Actual and Pro Forma - Charter Oak
consolidated, as of March 31, 1995
(previously filed)
2.2 Statement of Income Actual and Pro Forma - Charter
Oak consolidated, as of March 31, 1995
(previously filed)
3.1 Balance Sheet Actual and Pro Forma - COE
Development, as of March 31, 1995
(previously filed)
3.2 Statement of Income Actual and Pro Forma - COE
Development, as of March 31, 1995
(previously filed)
4.1 Balance Sheet Actual and Pro Forma - NU
consolidated, as of March 31, 1995
(previously filed)
4.2 Statement of Income Actual and Pro Forma - NU
consolidated, as of March 31, 1995
(previously filed)
SIGNATURE
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned companies have duly
caused this Amendment to be signed on their behalf by the
undersigned thereunto duly authorized.
NORTHEAST UTILITIES
CHARTER OAK ENERGY, INC.
COE DEVELOPMENT CORPORATION
By: /s/ William S. Lamb
William S. Lamb
LeBoeuf, Lamb, Greene & MacRae
L.L.P.
A Limited Liability Partnership
Including Professional Corporations
125 W. 55th Street
New York, NY 10019-4513
Attorney for Northeast Utilities,
Charter Oak Energy, Inc. and COE
Development Corporation
Date: December 2, 1996
