File No. 70-8753
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 1
to
Form U-1
APPLICATION OR DECLARATION
under
The Public Utility Holding Company Act of 1935
SAVANNAH ELECTRIC AND POWER COMPANY
600 East Bay Street
Savannah, Georgia 31401
(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)
Kirby R. Willis
Vice President, Treasurer and Chief Financial Officer
Savannah Electric and Power Company
600 East Bay Street
Savannah, Georgia 31401
(Name and address of agent for service)
The Commission is requested to mail signed copies of all
orders, notices and communications to:
W. L. Westbrook, Financial Vice President
The Southern Company
64 Perimeter Center East
Atlanta, Georgia 30346
E. Pomeroy Williams, Esq. John D. McLanahan, Esq.
Bouhan, Williams & Levy LLP Troutman Sanders LLP
447 Bull Street 600 Peachtree Street, N.E.
Savannah, Georgia 31401 Suite 5200
Atlanta, Georgia 30308-2216
<PAGE>
INFORMATION REQUIRED
Item 1. Description of Proposed Transactions.
Item 1 is hereby amended by deleting the third paragraph
thereof and replacing it in its entirety as follows:
It is proposed that, in order to provide funds for payment
of the costs of acquiring, constructing, installing and equipping
the Project, the Savannah Economic Development Authority, a
public body corporate and politic and an instrumentality of the
State of Georgia (the "Authority"), will issue and sell its
industrial development revenue bonds (the "Revenue Bonds") in an
aggregate principal amount not exceeding $7,000,000. The Revenue
Bonds may be so issued and sold, and the transactions relating
thereto as described herein may be consummated, at any time not
later than June 30, 1996.
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: December 21, 1995 SAVANNAH ELECTRIC AND
POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary and
Assistant Treasurer
<PAGE>