[Federal Register Volume 62, Number 39 (Thursday, February 27, 1997)]
[Notices]
[Page 8937]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-4816]


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DEPARTMENT OF ENERGY
[Docket No. ES97-24-000]


American REF-FUEL Company of Hempstead; Notice of Application

February 21, 1997.
    Take notice that on February 21, 1997, American REF-FUEL Company of 
Hempstead (Hempstead) filed an application, under Sec. 204 of the 
Federal Power Act, seeking authorization to assume an obligation as a 
guarantor in connection with the issuance of long-term series 1997 
Bonds (1997 Bonds) in an aggregate principal amount of $246,805,000 by 
the Town of Hempstead Industrial Development Agency (Agency).
    The 1997 Bonds are being issued to refund all outstanding bonds 
issued by the Agency in 1985. Pursuant to a Lease Guaranty and Security 
Agreement, Hempstead has guaranteed the payment of the principal of, 
premium, if any, and interest on the 1997 Bonds. Hempstead's payment 
obligation is, however, limited to the amount that Hempstead is 
required to make as lease payments under the Lease Agreement between 
Hempstead and the Agency. Hempstead has also pledged, assigned, and 
granted a security interests to Chase Manhattan Bank, as Trustee, in 
all of Hempstead's right, title and interest in the Service Agreement, 
Energy Purchase Agreement, and the Company Support Agreement.
    Any person desiring to be heard or to protest said filing 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). All such motions 
or protests should be filed on or before March 3, 1997. Protests will 
be considered by the Commission in determining the appropriate action 
to be taken, but will not serve to make the protestants parties to the 
proceeding. Any person wishing to become a party must file a motion to 
intervene. Copies of this filing are on file with the Commission and 
are available for public inspection.
Lois D. Cashell,
Secretary.
[FR Doc. 97-4816 Filed 2-26-97; 8:45 am]
BILLING CODE 6717-01-M