Federal Register / Vol. 69, No. 191 / Monday, October 4, 2004 / Notices 59281

investigating or prosecuting that 

violation and/or charged with enforcing 

or implementing the statute, executive 

order, rule, regulation, or order issued 

pursuant thereto. 

(ii) In a proceeding before a court or 

adjudicative body before which OPIC is 

authorized to appear when any of the 

following is a party to litigation or has 

an interest in litigation and information 

in this system is determined by OPIC to 

be arguably relevant to the litigation: 

OPIC; any OPIC employee in his or her 

official capacity, or in his or her 

individual capacity where the 

Department of Justice agrees to 

represent the employee; or the United 

States where OPIC determines that the 

litigation is likely to affect it. 

(iii) To a court, a magistrate, 

administrative tribunal, or other 

adjudicatory body in the course of 

presenting evidence or argument, 

including disclosure to opposing 

counsel or witnesses in the course of 

civil discovery, litigation, or settlement 

negotiations, or in connection with 

criminal law proceedings. 

(iv) To a Member of Congress or staff 

acting upon the Member’s behalf when 

the Member or staff requests the 

information on behalf of and at the 

written request of the individual who is 

the subject of the record. 

(v) To another Federal agency or other 

public authority, in connection with the 

hiring or retention of an employee or 

other personnel action, the issuance of 

a security clearance, the reporting of an 

investigation of an employee, the letting 

of a contract, or the issuance of a 

license, grant, or other benefit, to the 

extent that the record is relevant and 

necessary to the receiving entity’s 

decision on the matter. 

(vi) To the National Archives and 

Records Administration and to the 

General Services Administration in 

records management inspections 

conducted under the authority of 44 

U.S.C. 2904 and 2906. 

(vii) To the employees of entities with 

which OPIC contracts for the purposes 

of performing any function that requires 

disclosure of records in this system. 

Before entering into such a contract, 

OPIC shall require the contractor to 

maintain Privacy Act safeguards as 

required under 5 U.S.C. 552a(m) with 

respect to the records in the system. 

DISCLOSURE TO CONSUMER REPORTING

AGENCIES: 

None. 

POLICIES AND PRACTICES FOR RESTORING, 

RETRIEVING, ACCESSING, RETAINING, AND

DISPOSING OF RECORDS IN THE SYSTEM

STORAGE: 

Records are stored electronically on 

OPIC’s computer network or on backup 

media such as tape and/or CD–ROM. 

Copies of records may be stored in hard 

copy format in file folders in secure file 

cabinets accessible only by authorized 

individuals either onsite at OPIC or at 

approved offsite locations. 

RETRIEVABILITY: 

Records are retrieved by the names of 

the individuals covered by the system 

and may be searched and indexed by 

any field within the record. 

SAFEGUARDS: 

Access to and use of each of the 

records in the system are limited to 

persons whose official duties require 

such access. Information contained in 

the system is safeguarded and protected 

through physical and system-based 

safeguards, including system access 

controls. Retention and disposal: 

Records related to post-employment 

conflict of interest debriefings are 

retained for six years following 

separation from employment. All other 

records are retained for two years 

following separation from employment 

or contractual relationship with OPIC. 

All records are destroyed pursuant to 

existing General Records Schedules and 

OPIC records disposition schedules. 

SYSTEM MANAGER(S) AND ADDRESS: 

Director of Operations, Overseas 

Private Investment Corporation, 1100 

New York Avenue, NW., Washington, 

DC 20527. 

NOTIFICATION PROCEDURE: 

Requests by individuals concerning 

the existence of a record may be 

submitted in writing, addressed to the 

system manager above. The request 

must comply with the requirements of 

22 CFR 707.21(b). 

RECORD ACCESS PROCEDURES: 

Same as notification procedure. 

CONTESTING RECORD PROCEDURES: 

Requests by individuals to amend 

their record must be submitted in 

writing, addressed to the system 

manager above. Requests for 

amendments to records and requests for 

review of a refusal to amend a record 

must comply with the requirements of 

22 CFR 707.22. 

RECORD SOURCE CATEGORIES: 

Federal agencies conducting 

background investigations under 

agreements with OPIC or under 

agreements with contracting agencies 

with whom OPIC has a contractual 

relationship; individuals on whom the 

records are maintained; and OPIC staff 

involved in the employee exit process. 

EXEMPTIONS CLAIMED FOR THE SYSTEM: 

None.

Dated: September 29, 2004. 

Connie M. Downs, 

Corporate Secretary, Department of Legal 

Affairs.

[FR Doc. 04–22230 Filed 10–1–04; 8:45 am] 

BILLING CODE 3210–01–M

POSTAL SERVICE

Change to the Retirement Plan for 

Manually Set Postage Meters

AGENCY: Postal Service.

ACTION: Notice of change to the 

Retirement Plan for Manually Set 

Postage Meters. 

SUMMARY: By this notice, the Postal 

ServiceTM revises the Retirement Plan 

for Manually Set Postage Meters, 

published in the Federal Register on 

December 13, 2000, pages 77934–77938, 

for meters with lease expiration dates on 

or after October 1, 2004. The retirement 

date for these manually set electronic 

meters will be May 31, 2005. The Postal 

Service will no longer reset electronic 

manually set meters after February 28, 

2005.

DATES: This notice is effective on 

October 4, 2004.

FOR FURTHER INFORMATION CONTACT:

Wayne A. Wilkerson, manager of 

Postage Technology Management, at 

(703) 292–3691 or by fax at (703) 292–

4073.

SUPPLEMENTARY INFORMATION: A notice 

was published in the Federal Register

on June 15, 2004, pages 33429–33430, 

with comments due on or before July 15, 

2004. Written comments were received 

from the vendor community. There was 

no opposition to the proposal to retire 

all manually set electronic meters from 

service by May 31, 2005. 

An exception was taken to the 

proposed restriction on replacing a 

malfunctioning manually set meter with 

a functional meter of the same model. 

The Postal Service reconsidered its 

proposal and removed this restriction. 

Replacement meters will be permitted 

up to February 28, 2005. 

You can review the comments 

received by submitting a request to the 

office of Postage Technology 

Management at (703) 292–3691 or by fax 

at (703) 292–4073. 

The final plan follows. 

59282 Federal Register / Vol. 69, No. 191 / Monday, October 4, 2004 / Notices 

1 In addition to the nine percent ownership 

interest in OVEC that is the subject of this 

Declaration, Allegheny owns another direct 3.5 

percent interest in OVEC. Monongahela receives 

power from OVEC under an entitlement to power 

associated with this 3.5 percent interest. Allegheny 

is not proposing to transfer this 3.5 percent interest 

at this time.

2The following is a complete list of owners of 

OVEC’s stock: Allegheny (12.5%); AEP (39.9%); 

Cincinnati Gas & Electric Company (9.0%); 

Columbus Southern Power Company, a subsidiary 

of AEP (4.3%); The Dayton Power and Light 

Company (4.9%); Kentucky Utilities Company 

(2.5%); Louisville Gas and Electric Company 

(4.9%); Ohio Edison Company, a subsidiary of 

FirstEnergy (16.5%); Southern Indiana Gas and 

Electric Company (1.5%); and The Toledo Edison 

Company, a subsidiary of FirstEnergy (4.0%). Each 

of these companies is either an original owner of 

OVEC’s stock or a successor to an original owner. 

These companies are referred to in this Declaration 

as the ‘‘Sponsoring Companies.’’

3By letter dated September 29, 2000, the DOE 

notified OVEC that it had elected to terminate the 

power agreement as of April 30, 2003. Allegheny 

understands that the DOE currently maintains its 

uranium enrichment plant in ‘‘cold standby’’ status 

and is exploring various options for the plant and 

the Ohio site. OVEC currently provides retail 

service to DOE through an ‘‘arranged power’’

agreement under which OVEC procures power and 

energy for DOE at cost from third parties.

4AE Supply will retain the right to nine percent 

of the power from OVEC until March 12, 2006, at 

which time Buckeye Power will begin to receive the 

power. The time for receipt of power by Buckeye 

Power may be accelerated upon occurrence of 

certain events relating to the financial condition of 

Allegheny.

The Revised Plan For Manually Set 

Postage Meters 

The Postal Service retirement date for 

manually set electronic meters with 

lease expiration dates on or after 

October 1, 2004, will be May 31, 2005. 

The Postal Service will no longer reset 

electronic manually set meters after 

February 28, 2005. Anyone in 

possession of a manually set meter must 

return it to the meter provider on or 

before May 31, 2005. The meter 

provider will withdraw the meter from 

service. 

Any manually set electronic postage 

meter that is capable of remote meter 

setting must be either converted to 

remote meter setting or retired from 

service and returned to the meter 

provider. The function that allows 

manual setting must be disabled. 

The manager of Postage Technology 

Management, Postal Service 

Headquarters, will send official 

notification to those affected users with 

an explanation of this plan. Any other 

explanation received by users may not 

accurately represent the position of the 

Postal Service.

Stanley F. Mires, 

Chief Counsel, Legislative.

[FR Doc. 04–22232 Filed 10–1–04; 8:45 am] 

BILLING CODE 7710–12–P

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 35–27897] 

Filings Under the Public Utility Holding 

Company Act of 1935, as Amended 

(Act) 

September 28, 2004. 

Notice is hereby given that the 

following filing(s) has/have been made 

with the Commission pursuant to 

provisions of the Act and rules 

promulgated under the Act. All 

interested persons are referred to the 

application(s) and/or declaration(s) for 

complete statements of the proposed 

transaction(s) summarized below. The 

application(s) and/or declaration(s) and 

any amendment(s) is/are available for 

public inspection through the 

Commission’s Branch of Public 

Reference. 

Interested persons wishing to 

comment or request a hearing on the 

application(s) and/or declaration(s) 

should submit their views in writing by 

October 20, 2004, to the Secretary, 

Securities and Exchange Commission, 

Washington, DC 20549–0609, and serve 

a copy on the relevant applicant(s) and/

or declarant(s) at the address(es) 

specified below. Proof of service (by 

affidavit or, in the case of an attorney at 

law, by certificate) should be filed with 

the request. Any request for hearing 

should identify specifically the issues of 

facts or law that are disputed. A person 

who so requests will be notified of any 

hearing, if ordered, and will receive a 

copy of any notice or order issued in the 

matter. After October 20, 2004, the 

application(s) and/or declaration(s), as 

filed or as amended, may be granted 

and/or permitted to become effective. 

Allegheny Energy, Inc. (70–10247) 

Allegheny Energy, Inc. (‘‘Allegheny’’), 

a registered holding company under the 

Act, 800 Cabin Hill Drive, Greensburg, 

Pennsylvania 15601, has filed a 

declaration (‘‘Declaration’’) under 

section 12(d) and rule 44 of the Act. 

Allegheny requests authorization to 

sell its nine percent ownership interest 

in Ohio Valley Electric Corporation 

(‘‘OVEC’’) to Buckeye Power Generating, 

LLC (‘‘Buckeye Power’’), an affiliate of 

Buckeye Power Inc. OVEC is a public 

utility company under the Act. 

OVEC was formed in the early 1950s 

by a group of holding companies and 

utilities located in the Ohio Valley 

region in response to the request of the 

United States Atomic Energy 

Commission (‘‘AEC’’) to supply the 

electric power and energy necessary to 

meet the needs of a uranium enrichment 

plant being built by the AEC in Pike 

County, Ohio. The holding companies 

that directly or indirectly own 10 

percent or more of OVEC’s stock, each 

of which is a registered holding 

company, are: Allegheny (12.5%),1

American Electric Power Company, Inc. 

(‘‘AEP’’) (44.2%) and FirstEnergy Corp. 

(‘‘FirstEnergy’’) (20.5%).2

OVEC owns two coal-fired generating 

stations: (1) The Kyger Creek Plant in 

Cheshire, Ohio, which has a generating 

capacity of 1,075 megawatts, and (2) the 

Clifty Creek Plant in Madison, Indiana, 

which has a generating capacity of 1,290 

megawatts and is owned by OVEC’s 

wholly-owned subsidiary, IndianaKentucky Electric Corporation. 

Originally, the Department of Energy 

(‘‘DOE’’) purchased essentially all of the 

generating capacity of OVEC’s 

generating facilities. However, DOE 

terminated its purchase agreement on 

April 30, 2003, and each of the 

Sponsoring Companies currently is 

entitled to its specified share of all net 

power and energy produced by OVEC’s 

two generating stations.3

Buckeye Power, Inc., is a memberowned generation and transmission 

cooperative based in Columbus, Ohio 

that supplies power and energy to all 

the electric distribution cooperatives 

that serve customers in Ohio. The 

certified service territory of these 

distribution cooperatives covers nearly 

40 percent of the land area in the State 

and encompasses 77 of Ohio’s 88 

counties. 

On May 17, 2004, Allegheny signed a 

purchase agreement (‘‘Purchase 

Agreement’’) under which Allegheny 

will sell a nine percent equity interest 

in OVEC, and Allegheny Energy Supply 

Company, LLC (‘‘AE Supply’’), will 

assign its rights to nine percent of the 

power generated by OVEC, to Buckeye 

Power for $102 million in cash and the 

assumption of approximately $37 

million in debt by Buckeye Power 

(‘‘Purchase Price’’). Of the total cash 

component of the Purchase Price, 

$7,140,000 represents the price for the 

transfer of Allegheny’s nine percent 

equity interest in OVEC, the transaction 

for which authority is being sought in 

this Application. The remainder 

represents the price for the assignment 

of AE Supply’s rights under the OVEC 

Inter-Company Power Agreement 

(‘‘OVEC Power Agreement’’) to nine 

percent of the power generated by 

OVEC.4

Allegheny maintains that the sale and 

assignment of these various interests is 

consistent with Allegheny’s strategic 

goals of improving its financial strength