[Federal Register Volume 62, Number 145 (Tuesday, July 29, 1997)]
[Notices]
[Page 40515]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-19873]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-2792-000]


Community Electric Power Corporation; Notice of Issuance of Order

July 23, 1997.
    Community Electric Power Corporation (CEPC) submitted for filing a 
rate schedule under which CEPC will engage in wholesale requested 
waiver of various Commission regulations. In particular, CEPC requested 
that the Commission grant blanket approval under 18 CFF Part 34 of all 
future issuances of securities and assumptions of liability by CEPC.
    On July 15, 1997, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under Part 34, subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by CEPC 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).
    Absent a request for hearing within this period, CEPC is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, endorser, surety, or otherwise in respect of any security of 
another person; provided that such issuance or assumption is for some 
lawful object within the corporate purposes of the applicant, and 
compatible with the public interest, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of CEPC's issuances of securities or assumptions of 
liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is August 14, 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. 97-19873 Filed 7-28-97; 8:45 am]
BILLING CODE 6717-01-M