[Federal Register Volume 65, Number 213 (Thursday, November 2, 2000)]
[Notices]
[Pages 65888-65889]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-28138]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 35-27262]


Filings Under the Public Utility Holding Company Act of 1935, as 
Amended (``Act'') October 26, 2000

    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 November 20, 2000, 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 November 20, 2000, the application(s) and/or 
declaration(s), as filed or as amended, may be granted and/or permitted 
to become effective.

AEP Credit, Inc. (70-7218)

    AEP Credit, Inc. (``Credit''), 1616 Woodall Rodgers Freeway, 
Dallas, Texas 75202, a nonutility subsidiary company of American 
Electric Power Company, Inc. (``AEP''), 1 Riverside Plaza,

[[Page 65889]]

Columbus, Ohio 43215, a registered holding company, has file a post-
effective amendment under sections 6(a), 7, 9(a), 10 and 12(b) of the 
Act and rule 54 under the Act, to a previously file application-
declaration.
    By order dated December 13, 1996 (HCAR No. 26627), Credit was 
authorized, through December 31, 2000, to factor the accounts 
receivable of associate and nonassociate utilities companies, provided 
that the average amount of nonassociate utility receivables for the 
proceeding 12 month period outstanding as of the end of any calendar 
month would be less than the average amount of receivables acquired 
from associate companies outstanding as of the end of each calendar 
month during the preceding 12 month period (``50% Restriction'').
    Credit now seeks to extend its authority to factor the accounts 
receivable of associate and nonassociate utility company through 
September 30, 2005, subject to the 50% Restriction.

Unitil Corporation (70-9633)

    Unitil Corporation (``Unitil''), a registered holding company, and 
its public utility subsidiary companies, Concord Electric Company, 
Exeter & Hampton Electric Company, Fitchburg Gas and Electric Light 
Company (``Fitchburg'') and Unitil Power Corporation (collectively, 
``Subsidiaries''), all located at 6 Liberty Lane West, Hampton, New 
Hampshire 03842-1720, have filed a post-effective amendment under 
sections 6(a), 7, 9(a) and 10 of the Act and rules 43 and 54 under the 
Act to an application-declaration previously filed under the Act.
    By orders dated June 30, 1997 and June 9, 2000 (HCAR Nos. 26737 and 
27182) (``Orders''), among other things, Unitil was authorized to issue 
and sell short-term notes (``Notes'') to banks in an aggregate 
outstanding amount not exceeding $25 million (``Short-Term Debt 
Limitation'') and to operate, and lend funds to members of, the Unitil 
system money pool (``Money Pool''), through June 30, 2003. The Orders 
provided that Unitil's short-term debt would bear interest at the 
lending bank's base, prime or money market rate and mature not more 
than nine months from issuance.
    Unitil now proposes to increase the Short-Term Debt Limitation from 
$25 million to $35 million, through June 30, 2003. The Notes will be 
issued under the same terms and conditions as provided by the Orders. 
The proceeds may be used to fund the Money Pool; however, Fitchburg is 
not requesting increased authority to effect Money Pool borrowings.

    For the Commission by the Division of Investment Management, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 00-28138 Filed 11-1-00; 8:45 am]
BILLING CODE 8010-01-M