12570 Federal Register / Vol. 66, No. 39 / Tuesday, February 27, 2001 / Notices

Public Electronic Reading Room link at

the NRC Web site (http://www.nrc.gov).

Dated at Rockville, Maryland, this 21st day

of February 2001.

For The Nuclear Regulatory Commission.

Chandu P. Patel,

Project Manager, Section 1, Project

Directorate II, Division of Licensing Project

Management, Office of Nuclear Reactor

Regulation.

[FR Doc. 01–4767 Filed 2–26–01; 8:45 am]

BILLING CODE 7590–01–P

NUCLEAR REGULATORY

COMMISSION

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: Nuclear

Regulatory Commission.

DATES: Weeks of February 26, March 5,

12, 19, 26, April 2, 2001.

PLACE: Commissioners’ Conference

Room, 11555 Rockville Pike, Rockville,

Maryland.

STATUS: Public and Closed.

MATTERS TO BE CONSIDERED: 

Week of February 26, 2001

Monday, February 26, 2001

10:15 a.m. Discussion of

Intragovernmental Issues (ClosedEx. 9) (Tentative)

2:00 p.m. Meeting with the National

Association of Regulatory Utility

Commissioners (NARUC) (Public

Meeting) (Contact: Spiros Droggitis,

301–415–2367)

This meeting will be webcast live at

the Web address—www.nrc.gov/

live.html

Tuesday, February 27, 2001

10:25 a.m. Affirmation Session (Public

Meeting) (If needed)

10:30 a.m. Briefing on Threat

Environment Assessment (ClosedEx. 1)

Week of March 5, 2001—Tentative

There are no meetings scheduled for

the Week of March 5, 2001.

Week of March 12, 2001—Tentative

Monday, March 12, 2001

1:25 p.m. Affirmation Session (Public

Meeting) (If needed)

1:30 p.m. Discussion of Management

Issues (Closed-Ex. 2)

Week of March 19, 2001—Tentative

Thursday, March 22, 2001

10:25 a.m. Affirmation Session (Public

Meeting) (If needed)

10:30 a.m. Meeting with Advisory

Committee on Nuclear Waste

(ACNW) (Public Meeting) (Contact:

John Larkins, 301–415–7360)

This meeting will be webcast live at

the Web address—www.nrc.gov/

live.html.

Week of March 26, 2001—Tentative

There are no meetings scheduled for

the Week of March 26, 2001.

Week of April 2, 2001—Tentative

There are no meetings scheduled for

the Week of April 2, 2001.

* The schedule for Commission meetings is

subject to change on short notice. To verify

the status of meetings call (recording)—(301)

415–1292. Contact person for more

information: David Louis Gamberoni (301)

415–1651.

The NRC Commission Meeting

Schedule can be found on the Internet

at: http://www.nrc.gov/SECY/smj/

schedule.htm.

This notice is distributed by mail to

several hundred subscribers; if you no

longer wish to receive it, or would like

to be added to the distribution, please

contact the Office of the Secretary,

Washington, DC 20555 (301–415–1969).

In addition, distribution of this meeting

notice over the Internet system is

available. If you are interested in

receiving this Commission meeting

schedule electronically, please send an

electronic message to dkw@nrc.gov.

Dated: February 22, 2001.

David Louis Gamberoni,

Technical Coordinator, Office of the

Secretary.

[FR Doc. 01–4841 Filed 2–23–01; 12:48 pm]

BILLING CODE 7590–01–M

POSTAL RATE COMMISSION

Commission Briefing

AGENCY: Postal Rate Commission.

ACTION: Notice of Commission briefing.

SUMMARY: United Parcel Service (UPS)

representatives will brief the

Commission on a petition UPS has filed

with the Department of Transportation

(DOT). The petition seeks review of a

DOT staff action granting a foreign

forwarding license to DHL Worldwide

Express.

DATES: March 1, 2001 at 10 a.m.

ADDRESSES: The briefing will be held in

the Postal Rate Commission’s main

conference room, 1333 H St. NW., Suite

300, Washington, DC 20268.

FOR FURTHER INFORMATION CONTACT:

Stephen L. Sharfman, General Counsel,

202–789–6820.

Dated: February 22, 2001.

Margaret P. Crenshaw,

Secretary.

[FR Doc. 01–4768 Filed 2–26–01; 8:45 am]

BILLING CODE 7710–FW–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 35–27348]

Filings Under the Public Utility Holding

Company Act of 1935, as Amended

(‘‘Act’’)

February 21, 2001.

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

March 16, 2001, 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 March 16, 2001, the

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

filed or as amended, may be granted

and/or permitted to become effective.

Consolidated Natural Gas Company

(70–9841)

Consolidated Natural Gas Company

(‘‘CNG’’), 120 Tredegar Street,

Richmond, VA 23219, a registered

public utility holding company, has

filed a declaration with the Commission

under sections 6(a)(2), 7(e) and 12(e)

and rules 54,62(d) and 65 of the Act.

CNG became a wholly owned

subsidiary of Dominion Resources, Inc.

(‘‘DRI’’), also a registered holding

company under the Act, as a result of

a merger approved by the Commission

on December 15, 1999 (HCAR No.

Federal Register / Vol. 66, No. 39 / Tuesday, February 27, 2001 / Notices 12571

1The three series of debentures are listed on the

New York Stock Exchange and were authorized by

the Commission. See Holding Co. Act Release No.

25800 (April 21, 1993) and Holding Co. Act Release

No. 24896 (May 31, 1989).

2CNG states that the 83⁄4% Debentures due

October 1, 2019 were called for redemption on

February 16, 2001 at a redemption price of $103.42.

3Either some portions, or the entirety, of sections

6.05 through 6.10 may be deleted as a result of the

proposed amendments.

1 17 CFR 240.11Aa3–2.

2 17 CFR 240.11Ac1–5.

3Securities Exchange Act Release No. 43590

(November 17, 2000), 65 FR 75414.

4The term ‘‘market center’’ is defined in Rule

11Ac1–5(a)(14) as ‘‘any exchange market maker,

OTC market maker, alternative trading system,

national securities exchange, or national securities

association.’’

27113). CNG is engaged, throgh

subsidiaries, in all phases of the natural

gas business including distribution,

transmission, exploration and

production. CNG’s three utility public

subsidiaries, Dominion East Ohio,

Dominion Peoples and Dominion Hope,

serve approximately 1.7 million retail

customers.

CNG seeks authorization to solicit

consents and amend the indenture

dated as of May 1, 1971, between CNG

and the Chase Manhattan Bank, as

successor Trustee (‘‘1971 Indenture’’) as

supplemented by 19 supplemental

indentures. In connection with a 20th

supplemental indenture, CNG proposes

to effect changes in the 1971 Indenture

(‘‘Amendments’’). Currently there are

three series of debentures outstanding

under the 1971 Indenture as follows:1

Debentures Principal Amount

5 3⁄4% Debentures due

August 1, 2003 .............. $150,000,000

6 5⁄8% Debentures due

December 1, 2013 ........ 150,000,000

8 3⁄4% Debentures due

October 1, 2019 ............ 71,010,000

Total outstanding ....... 371,010,000

CNG requests authority to solicit

consents from holders of the 53⁄4%

Debentures due August 1, 2003 and the

65⁄8% Debentures due December 1, 2013

(collectively, ‘‘Debentures’’).2 CNG

contemplates that a consent solicitation

statement and accompanying materials

(which consist of a consent letter, a form

of beneficial owner proxy authorizing a

registered owner to consent, a letter to

nominees such as brokers and dealers

and a form letter to be used by nominees

to advise their clients of the consent

solicitation) will be mailed or hand

delivered to holders of the Debentures

(‘‘Debentureholders’’). Debentureholders

of 662⁄3% in principal amount of each

series of Debentures and of all the

Debentures collectively must consent to

the amendments in order for them to

become effective. If the required

consents are received, CNG will pay a

consent fee to each Debentureholder

who has delivered a valid consent

before the expiration date as set by CNG.

CNG also currently has outstanding

$1,350,000,000 principal amount in

debt securities under an indenture dated

as of April 1, 1995 between CNG and

United States Trust Company of New

York, as trustee (‘‘1995 Indenture’’).

CNG plans to amend the 1971 Indenture

to remove certain covenant restrictions.

CNG states the effect of these

amendments will, in general, be to

eliminate covenants and restrictions

found in the 1971 Indenture but not in

the 1995 Indenture.

Specifically, CNG proposes to amend

the 1971 Indenture as follows: (1) Delete

section 6.05, which imposes restrictions

on the sale of common or voting shares;

(2) delete section 6.06, which imposes

restrictions on additional funded debt of

CNG and its subsidiaries and preferred

stock of subsidiaries; (3) delete section

6.07, which imposes other restrictions

on additional funded debt and preferred

stock of new subsidiary companies; (4)

delete section 6.08, which imposes

restrictions on the payment of

dividends; (5) delete section 6.09, which

imposes restrictions on consolidation,

merger or transfer of property unless

specified ratios are complied with; (6)

delete section 6.10, which requires CNG

to file officers’ certificates evidencing

compliance with certain of the

provisions of sections 6.06 through

6.09,3 (7) CNG will agree for the benefit

of the Debentureholders that it will

comply with all covenants and

restrictions in the 1995 Indenture; and

(8) CNG will agree not to issue any

additional debentures under the 1971

Indenture.

CNG states that neither the 1995

Indenture nor any of CNG’s other credit

arrangements contain restrictions of the

kind imposed by sections 6.05 through

6.10 of the 1971 Indenture. CNG asserts

the removal of these restrictions

provides CNG with greater freedom to

incur debt, pay dividends and engage in

restructuring transactions that would

otherwise be prohibited by the terms of

the 1971 Indenture. CNG further asserts

the amendments would update the

terms of the 1971 Indenture to those

generally accepted in capital markets for

borrowers of the financial stature of

CNG and DRI.

CNG requests that an order

authorizing the solicitation of consents

be issued as soon as practicable under

rule 62(d).

For the Commission by the Division of

Investment Management, pursuant to

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 01–4749 Filed 2–26–01; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–43992; File No. 4–208]

Joint Industry Plan; Notice of Filing of

Proposed Plan Establishing

Procedures Under Rule 11Ac1–5 by the

American Stock Exchange, Boston

Stock Exchange, Chicago Stock

Exchange, Cincinnati Stock Exchange,

National Association of Securities

Dealers, New York Stock Exchange,

Pacific Exchange, and Philadelphia

Stock Exchange

February 21, 2001.

I. Introduction

On February 20, 2001, pursuant to

Rule 11Aa3–2 under the Securities

Exchange Act of 1934 (‘‘Exchange

Act’’),1 the American Stock Exchange

LLC (‘‘Amex’’), Boston Stock Exchange,

Inc. (‘‘BSE’’), Chicago Stock Exchange,

Inc. (‘‘CHX’’), Cincinnati Stock

Exchange, Inc. (‘‘CSE’’), National

Association of Securities Dealers, Inc.

(‘‘NASD’’), New York Stock Exchange,

Inc. (‘‘NYSE’’), Pacific Exchange, Inc.

(‘‘PCX’’) and Philadelphia Stock

Exchange, Inc. (‘‘Phlx’’) filed with the

Securities and Exchange Commission

(‘‘SEC’’ or ‘‘Commission’’) a proposed

plan (‘‘Plan’’) for the purpose of

establishing procedures for market

centers to follow in making their

monthly reports available to the public

under Exchange Act Rule 11Ac1–5.2

Pursuant to Rule 11Aa3–2(c)(1), the

Commission is publishing this notice of,

and requesting comments on, the Plan.

II. Background

On November 17, 2000, the

Commission adopted Rule 11Ac1–5,

which requires public disclosure of

order execution information.3 Under the

Rule, all ‘‘market centers’’4 that trade

national market system securities are

required to make available to the public

monthly electronic reports that include

uniform statistical measures of

execution quality. Paragraph (b)(2) of

the Rule directs the self-regulatory

organizations (‘‘SROs’’) that trade

national market system securities to act

jointly in establishing procedures for

market centers to follow in making their

monthly reports available to the public