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File No. 70-8123
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 3 (POST-EFFECTIVE) TO
FORM U-1 APPLICATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
____________________________
SOUTHWESTERN ELECTRIC POWER COMPANY
428 Travis Street
Shreveport, Louisiana 71101
(Name of company filing this statement and address
of principal executive office)
____________________________
CENTRAL AND SOUTH WEST CORPORATION
(Name of top registered holding company parent)
____________________________
Shirley Briones
Treasurer
Southwestern Electric Power Company
428 Travis Street
Shreveport, Louisiana 71101
Stephen J. McDonnell
Treasurer
Central and South West Corporation
1616 Woodall Rodgers Freeway
P.O. Box 660164
Dallas, Texas 75266
Joris M. Hogan, Esq.
Milbank, Tweed, Hadley & McCloy
1 Chase Manhattan Plaza
New York, New York 10005
(Names and addresses of agents for service)
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Southwestern Electric Power Company ("SWEPCO"), a Delaware
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 amends its Application in File No. 70-8123 in the
following respects. In all other respects the Application as previously filed
will remain the same.
Item 1. Description of Proposed Transaction.
By Order of the Commission dated March 31, 1993 (HCAR No. 25776;
70-8123)(the "1993 Order"), SWEPCO was authorized through December 31, 1994 to
provide environmental laboratory services ("Services"), including analysis of
water, oils, soil and waste characterization, to nonaffiliates entities, and
to charge such nonaffiliates for such Services. SWEPCO stated that there was
excess capacity available for sale to nonaffiliates because the laboratory was
not being utilized by SWEPCO continuously. SWEPCO further stated that
providing such services to nonaffiliated would not in any way interfere with
its utility business.
SWEPCO respectfully requests an extension of all previously granted
authority through December 31, 1997.
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Item 2. Fees, Commissions and Expenses.
An estimate of fees and expenses to be paid or incurred by SWEPCO in
connection with the proposed transaction is set forth below:
Holding Company Act filing fee .................. $2,000*
Counsel Fees:
Milbank, Tweed, Hadley & McCloy
New York, New York ............................ 4,000
Miscellaneous and incidental
expenses, including travel,
telephone, copying and
postage ....................................... 1,000
------
TOTAL ...................................... $7,000
======
_______________
* Actual Amount.
Item 3. Applicable Statutory Provisions.
Sections 9(a) and 10 of the Act and Rule 23 thereunder are or may be
applicable to the proposed transaction. To the extent any other provisions of
the Act or the rules promulgated thereunder may be applicable to the proposed
transaction, SWEPCO hereby requests appropriate orders thereunder.
Item 4. Regulatory Approval.
No state regulatory authority and no federal regulatory authority,
other than the Commission under the Act, has jurisdiction over the proposed
transaction.
Item 5. Procedure.
SWEPCO requests that the Commission issue and publish not later than
October 21, 1994, the requisite notice under Rule 23 with respect to the
filing of this Application, such notice to specify a date not later than
November 14, 1994 as the date after which an order granting and permitting
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this Application to become effective may be entered by the Commission, and
that the Commission, enter not later than November 15, 1994, an appropriate
order granting and permitting this Application to become effective.
SWEPCO respectfully requests that appropriate and timely action be
taken by the Commission in this matter so that the authority will be extended
prior to the current authority's expiration on December 31, 1994.
No recommended decision by a hearing officer or other responsible
officer of the Commission is necessary or required in this matter. The
Division of Investment Management of the Commission may assist in the
preparation of the Commission's decision in this matter. There should be no
thirty-day waiting period between the issuance and the effective date of any
order issued by the Commission in this matter, and SWEPCO respectfully
requests that any such order be made effective immediately upon the entry
thereof.
Item 6. Exhibits and Financial Statements.
Exhibit 1 - Preliminary opinion of Milbank, Tweed, Hadley & McCloy,
counsel to SWEPCO (to be filed by amendment).
Exhibit 2 - Financial Statements as of September 30, 1994, of
Southwestern Electric Power Company and consolidated
subsidiaries (to be filed by amendment).
Exhibit 3 - Proposed Notice of Proceeding.
Item 7. Environmental Effects.
The proposed transaction does not involve major federal action having
a significant effect on the human environment. To the best of SWEPCO's
knowledge no federal agency has prepared or is preparing an environmental
impact statement with respect to the proposed transaction.
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S I G N A T U R E
- - - - - - - - -
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: October 13, 1994
SOUTHWESTERN ELECTRIC POWER COMPANY
By: SHIRLEY BRIONES
Shirley Briones
Treasurer
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INDEX OF EXHIBITS
EXHIBIT TRANSMISSION
NUMBER EXHIBIT METHOD
- ------- ------- ------------
1 Preliminary opinion of Milbank, ---
Tweed, Hadley & McCloy, counsel
to SWEPCO (to be filed by
amendment).
2 Financial Statements as of ---
September 30, 1994, of Southwestern
Electric Power Company and
consolidated subsidiaries (to
be filed by amendment).
3 Proposed Notice of Proceeding. Electronic
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EXHIBIT 3
---------
SECURITIES AND EXCHANGE COMMISSION
(Release No. 35- )
Filings Under the Public Utility Holding Company Act of 1935
("Act") _____________________, 1994
Notice is hereby given that the following filings(s) has/have been
made with the Commission pursuant to provisions of the Act and rules
promulgated thereunder. All interested persons are referred to the
application(s) and/or declaration(s) for complete statements of the proposed
transaction(s) summarized below. The application(s) and/or declaration(s) and
any amendment(s) thereto is/are available for public inspection through the
Commission's Office of Public Reference.
Interested persons wishing to comment or request a hearing on the
application(s) and/or declaration(s) should submit their views in writing by
_______________, 1994, to the Secretary, Securities and Exchange Commission,
Washington, D.C. 20549, and serve a copy on the relevant applicant(s) and/or
declarant(s) at the addresses specified below. Proof of service (by
affidavit, or, in the case of an attorney at law, by certificate) should be
filed with the request. Any request for hearing shall identify specifically
the issues of fact or law that are disputed. A person who so requests will be
notified of any hearing, if ordered, and will receive a copy of any notice or
order issued in the matter. After said date, the application(s) and/or
declaration(s), as filed or as amended, may be granted and/or permitted to
become effective.
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Southwestern Electric Power Company (File No. 70-8123)
Southwestern Electric Power Company (the "Company"), 428 Travis
Street, Shreveport, Louisiana 71101, a wholly-owned electric utility
subsidiary of Central and South West Corporation, a registered holding
company, has filed an application-declaration with the Commission pursuant to
Sections 9(a) and 10 of the Act and Rule 23 thereunder.
By Order of the Commission dated March 31, 1993 (HCAR No. 25776;
70-8123)(the "1993 Order"), SWEPCO was authorized through December 31, 1994 to
provide environmental laboratory services ("Services"), including analysis of
water, oils, soil and waste characterization, to nonaffiliates entities, and
to charge such nonaffiliates for such Services. SWEPCO stated that there was
excess capacity available for sale to nonaffiliates because the laboratory was
not being utilized by SWEPCO continuously. SWEPCO further stated that
providing such services to nonaffiliated would not in any way interfere with
its utility business.
SWEPCO respectfully requests an extension of all previously granted
authority through December 31, 1997.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Jonathan G. Katz
Secretary
