[Federal Register Volume 64, Number 35 (Tuesday, February 23, 1999)]
[Notices]
[Page 8803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-4375]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER99-1001-000]


CH Resources, Inc.; Notice of Issuance of Order

February 17, 1999.
    CH resources, Inc. (CH Resources), a power marketer and wholly-
owned subsidiary of Central Hudson Gas & Electric Company, filed an 
application requesting that the Commission authorize it to sell 
capacity and energy at market-based rates, and for certain waivers and 
authorizations. In particular, CH Resources requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by CH Resources. 
On February 11, 1999, the Commission issued an Order Conditionally 
Accepting For Filing Proposed Rate Schedules For Sales Of Capacity, 
Energy, And Ancillary Services At Market-Based Rates (Order), in the 
above-docketed proceeding.
    The Commission's February 11, 1999 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (E), (F), and (H):
    (E) 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 CH Resources 
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.
    (F) Absent a request to be heard within the period set forth in 
Ordering Paragraph (E) above, CH Resources is hereby authorized to 
issue securities and assume obligations and liabilities as guarantor, 
indorser, 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 CH Resources, compatible with 
the public interest, and reasonably necessary or appropriate for such 
purposes.
    (H) 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 CH 
Resources' 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 March 15, 1999.
    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.
David P. Boergers,
Secretary.
[FR Doc. 99-4375 Filed 2-22-99; 8:45 am]
BILLING CODE 6717-01-M