[Federal Register Volume 62, Number 198 (Tuesday, October 14, 1997)]
[Notices]
[Pages 53327-53328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27054]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket Nos. ER97-3663-000 and ER97-3664-000]


Union Electric Development Corporation and Union Electric 
Company; Notice of Issuance of Order

October 7, 1997.
    Union Electric Development Corporation (Union Electric Development) 
is a subsidiary and power marketing affiliate of Union Electric 
Company. Union Electric Development filed an application for 
authorization to engage in the sale of capacity and energy for resale 
at market-based rates, and for certain waivers and authorizations. In 
particular, Union Electric Development requested that the Commission 
grant blanket approval under 18 CFR Part 34 of all future issuances of 
securities and assumptions of liabilities by Union Electric 
Development. On September 25, 1997, the Commission issued an Order 
Conditionally Accepting for Filing Proposed Market-Based Rates (Order), 
in the above-docketed proceeding.
    The Commission's September 25, 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 issuance of this order, any 
person desiring to be heard or to protest the Commission's liabilities 
by Union Electric Development 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, Union Electric Development is hereby 
authorized to issue securities and assume obligations and 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 purpose of Union Electric 
Development, 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 Union 
Electric Development's issuances

[[Page 53328]]

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 October 27, 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. 97-27054 Filed 10-10-97; 8:45 am]
BILLING CODE 6717-01-M