File No. 70-8887
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 4 (POST-EFFECTIVE) TO
FORM U-1 APPLICATION-DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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PUBLIC SERVICE COMPANY OF OKLAHOMA
212 East 6th Street
Tulsa, Oklahoma 74119-1212
(Names of company filing this statement and
address of principal executive office)
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CENTRAL AND SOUTH WEST CORPORATION
(Name of top registered holding company parent)
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William R. McKamey
General Manager
Public Service Company of Oklahoma
212 East 6th Street
Tulsa, Oklahoma 74119-1212
Wendy G. Hargus
Treasurer
Central and South West Corporation
1616 Woodall Rodgers Freeway
Dallas, Texas 75202
Joris M. Hogan, Esq.
Milbank, Tweed, Hadley & McCloy
1 Chase Manhattan Plaza
New York, New York 10005
(Name and addresses of agents for service)
Public Service Company of Oklahoma ("PSO"), an Oklahoma
corporation and a wholly-owned electric utility subsidiary of Central and South
West Corporation ("CSW"), a Delaware corporation and a registered holding
company under the Public Utility Holding Company Act of 1935, as amended (the
"Act"), hereby files this Amendment No. 4 (Post-Effective) to the Form U-1
Application-Declaration in this File (the "Application") for the purposes of
amending Item 1 of the Application to read as follows:
Item 1. Description of Proposed Transaction.
By order dated December 30, 1996 (the "Order"), the Securities and
Exchange Commission (the "Commission") authorized PSO to make a capital
contribution to Nuvest L.L.C. ("Nuvest"), which provides services to public
utility companies through its subsidiaries, Numanco, Inc. ("NI") and Numanco
L.L.C. ("Numanco") (collectively, together with Nuvest, "Numanco Companies"). As
a result of such capital contribution, PSO acquired a 4.9% voting interest and
70% economic interest in Nuvest. PSO was also authorized to guarantee the
obligations of the Numanco Companies up to an aggregate $12 million. Public
Service Company of Oklahoma, Holding Co. Act Release No. 26638 (December 30,
1996). The aggregate amount of the guarantees authorized was based on the
projected financing and cash flow requirements of the Numanco Companies.
By this amendment, PSO is seeking authorization to (i)increase its
aggregate capital contribution in Nuvest to $5 million and (ii) increase the
current aggregate amount of authorized guarantees from $12,000,000 to
$18,000,000, based on increased operating capital requirements of the Numanco
Companies. PSO will maintain its 70% interest in the total capital
contributions, profits and losses of Nuvest, and its voting interest shall
remain at 4.9%. PSO is currently the only cash investor in Nuvest. The other
owners of Nuvest received their 30% economic interest and shall maintain such
30% interest as compensation for their day to day management and operation of
the Numanco Companies.
PSO hereby withdraws its proposal to receive an annual non-cash
dividend on its additional $4,300,000 investment.
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S I G N A T U R E
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Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, as amended, the undersigned company has duly caused this
document to be signed on its behalf by the undersigned thereunto duly
authorized.
Dated: March 15, 1999
PUBLIC SERVICE COMPANY
OF OKLAHOMA
By:/s/ William R. McKamey
William R. McKamey
General Manager
