[Federal Register Volume 62, Number 90 (Friday, May 9, 1997)]
[Notices]
[Page 25595]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-12164]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-1932-000]
Competitive Utility Services Corporation; Notice of Issuance of
Order
May 6, 1997.
Competitive Utility Services Corporation (CUSCo), filed an
application for authorization to sell power at market-based rates, and
for certain waivers and authorizations. In particular, CUSCo requested
that the Commission grant blanket approval under 18 CFR Part 34 of all
future issuances of securities and assumptions of liabilities by CUSCo.
On April 18, 1997 the Commission issued an Order Conditionally
Accepting For Filing Proposed Market-Based Rates (Order), in the above-
docketed proceeding.
The Commission's April 18, 1997 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (D), (E), and (G):
(D) Within 30 days of the date of this order, any person desiring
to be heard or to protest the Commission's blanket approval of
issuances of securities or assumptions of liabilities by CUSCo should
file a motion to intervene or protest with the Federal Energy
Regulatory Commission, 888 First Street, N.E., Washington, D.C. 20426,
in accordance with Rules 211 and 214 of the Commission's Rules of
Practice and Procedure, 18 CFR 385.211 and 385.214.
(E) Absent a request to be heard within the period set forth in
Ordering Paragraph (D) above, CUSCo is hereby authorized to issue
securities and to assume obligations or liabilities as guarantor,
endorser, surety or otherwise in respect of any security of another
person; provided that such issue or assumption is for some lawful
object within the corporate purposes of CUSCo, compatible with the
public interest, and reasonably necessary or appropriate for such
purposes.
(G) The Commission reserves the right to modify this order to
require a further showing that neither public nor private interests
will be adversely affected by continued Commission approval of CUSCo's
issuances of securities or assumptions of liabilities. * * *
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is May 19, 1997. Copies of
the full text of the Order are available from the Commission's Public
Reference Branch, 888 First Street, N.E., Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 97-12164 Filed 5-8-97; 8:45 am]
BILLING CODE 6717-01-M
