-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N3nYQFZeQKBifKKHFKS43r8vkuUkMvOje3mj2HPQUz6RxUt/ew5cODIoy+bzHxUb iokW0lKgQ8a+DSPBkV4fXg== 0000893220-98-001232.txt : 19980721 0000893220-98-001232.hdr.sgml : 19980721 ACCESSION NUMBER: 0000893220-98-001232 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980720 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONECTIV INC CENTRAL INDEX KEY: 0001029590 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 510377417 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-09307 FILM NUMBER: 98668444 BUSINESS ADDRESS: STREET 1: 800 KING STREET P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 3024293448 MAIL ADDRESS: STREET 1: 800 KING ST STREET 2: P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19801 35-CERT 1 CERTIFICATE OF NOTIFICATION PURSUANT TO RULE 24 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 In the Matter of CERTIFICATE Atlantic City Electric Company OF File No. 70-9307 NOTIFICATION (Public Utility Holding Company PURSUANT TO RULE 24 Act of 1935) This Certificate of Notification is filed by Atlantic City Electric Company ("ACE"), a New Jersey corporation and an operating public utility company under the Public Utility Holding Company Act of 1935, as amended (the "Act") in connection with the Form U-1 Application (File No. 70-9307) as amended, filed by ACE under the Act, requesting Commission authorization under Sections 9(a)(1) and 10 for ACE to purchase two 39.30 megawatt combustion turbine generating units and accessory equipment located in Upper Deerfield Township, New Jersey for a purchase price of $8 million. The foregoing transaction as described above and in the Application has been carried out in accordance with the terms and conditions of and for the purposes represented by the Application and the Order issued by the Commission with respect thereto. 2 S I G N A T U R E Pursuant to the requirements of the Public Utility Holding Company Act of 1935, as amended, the undersigned company has duly caused this document to be signed on its behalf by the undersigned thereunto duly authorized. ATLANTIC CITY ELECTRIC COMPANY By: /s/ Louis M. Walters -------------------- Louis M. Walters Treasurer Dated: July 20, 1998 3 EXHIBIT INDEX F-2 Past-tense opinion of counsel. EX-99.F.2 2 PAST-TENSE OPINION OF COUNSEL 1 Exhibit F-2 Joyce Koria Hayes, Esquire 7 Graham Court Newark, DE 19711 302-266-9211 302-266-9212 (fax) joykor@inet.net (e-mail) July 17, 1998 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Atlantic City Electric Company File No. 70-9307 Dear Sirs: I have acted as counsel for Atlantic City Electric Company ("ACE"), a New Jersey electric utility that is a subsidiary of Conectiv, a Delaware corporation ("Conectiv"), in connection with the Application on Form U-1 filed under the Public Utility Holding Company Act of 1935, as amended (hereinafter referred to as the "Act") as amended by Amendment No. 1 thereto dated July 8, 1998 (the Application as amended is hereinafter referred to as the "Application"), seeking authorization to purchase two combustion turbine units previously held under a twenty-five year lease (the "Proposed Transaction"). In connection with this opinion, I have examined the order of the Commission dated July 9, 1998 permitting the Application to become effective (Release No. 35-26893 (hereinafter the "Order")) and the Certificate executed by officers of ACE to be filed pursuant to Rule 24 promulgated under the Act. I have also examined originals or copies, certified or otherwise identified to my satisfaction, of such records of ACE and such other documents, certificates and corporate or other records as I have deemed necessary or appropriate as a basis for the opinions set forth herein. In my examination, I have assumed the genuineness of all signatures, the legal capacity of all persons, the authenticity of all documents submitted to me as originals, the conformity to original documents of documents submitted to me as certified or photostatic copies and the authenticity of the originals of such copies. 2 Based on the foregoing, and relying on the opinion of Joanne M. Scanlon, attorney for Conectiv, as to matters of New Jersey law, I am of the opinion that: 1. All state laws applicable to the Proposed Transaction have been complied with; 2. ACE has legally acquired the two combustion units; 3. The consummation of the Proposed Transaction did not violate the legal rights of the holders of any securities issued by ACE or any associate company thereof; and 4. The Proposed Transaction was carried out in accordance with the Application and the Order. I hereby consent to the filing of this opinion with the certificate pursuant to Rule 24 to be filed by ACE. Very truly yours, /s/ Joyce Koria Hayes Joyce Koria Hayes -----END PRIVACY-ENHANCED MESSAGE-----