As filed with the Securities and Exchange Commission on February 16, 1996
File No. 70-8521
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________________________________
POST-EFFECTIVE AMENDMENT NO. 2
(AMENDMENT NO. 3)
TO
FORM U-1 DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
____________________________________________
Cinergy Corp.
139 East Fourth Street
Cincinnati, Ohio 45202
(Name of company filing this statement
and address of principal executive office)
Cinergy Corp.
(Name of top registered holding company)
William L. Sheafer
Treasurer
Cinergy Corp.
(address above)
(Name and address of agent for service)
The Commission is requested to send copies of all notices, orders and
communications in connection with this Post-Effective Amendment to:
Cheryl M. Foley
Vice President, General Counsel and Corporate Secretary
Cinergy Corp.
(address above)
Section B of Item 1 ("Proposed Modifications to January 1995 Order") of
Post-Effective Amendment No. 1 in this proceeding, filed with the
Commission on January 24, 1996, is hereby amended as follows:
a. The first paragraph under the caption is restated in its entirety
to read as follows:
Cinergy herein requests a supplemental order modifying the
January 1995 Order solely in the following three respects: (1)
to extend the authorization period, (2) to increase the Aggregate
Debt Limitation, and (3) to permit Cinergy to apply proceeds of
Short-Term Financing Transactions to investments in EWGs, FUCOs
and Special Purpose Subsidiaries, in each case as set forth
below. Except to the extent contemplated in the preceding
sentence, the Short-Term Financing Transactions would remain
subject to all terms and conditions prescribed in the January
1995 Order.
B. The first paragraph in subsection 3 ("Application of Proceeds to
Investments in EWGs, FUCOs and Special Purpose Subsidiaries") is restated
in its entirety to read as follows:
Without limiting its flexibility to use proceeds of Short-Term
Financing Transactions for other general corporate purposes
as contemplated in the January 1995 Order or otherwise, Cinergy
requests Commission authorization to use proceeds of Short-Term
Financing Transactions, up to the full amount of the increased
Aggregate Debt Limitation proposed herein, to make direct or
indirect investments in Special Purpose Subsidiaries (subject to
the limitations and restrictions prescribed in the September 1995
Order as it may be supplemented by the further Commission order
to be issued pursuant to the January 16th Post-Effective
Amendment) and in EWGs and FUCOs, provided that the sum of (x)
any proceeds of Short-Term Financing Transactions invested in
Special Purpose Subsidiaries, EWGs and FUCOs as authorized
herein, and (y) any proceeds of sales of shares of Cinergy common
stock invested in such entities pursuant to the Commission's
orders in File No. 70-8477 and the September 1995 Order do not,
when added to Cinergy's "aggregate investment" in EWGs, FUCOs and
Special Purpose Subsidiaries, exceed, at any point in time, 50%
of Cinergy's "consolidated retained earnings," in each case as
determined pursuant to Rule 53(a).
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SIGNATURE
Pursuant to the requirements of the Act, the undersigned company
has duly caused this statement to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: February 16, 1996
CINERGY CORP.
By: /s/ William L. Sheafer
Treasurer
