-----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, TG05mCnVF35N/xor8BCi9wLDMrZO/zpgbYk7A25ycFsJ55rQChWsKqlgLeLWRMYh tHvmLBlOYcdXJD7kBYzZ9g== 0000893220-95-000839.txt : 19951130 0000893220-95-000839.hdr.sgml : 19951130 ACCESSION NUMBER: 0000893220-95-000839 CONFORMED SUBMISSION TYPE: POS AMC PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19951128 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA GAS SYSTEM INC CENTRAL INDEX KEY: 0000022099 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 131594808 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: POS AMC SEC ACT: 1935 Act SEC FILE NUMBER: 070-08471 FILM NUMBER: 95596822 BUSINESS ADDRESS: STREET 1: 20 MONTCHANIN RD CITY: WILMINGTON STATE: DE ZIP: 19807 BUSINESS PHONE: 3024295000 POS AMC 1 PE AMENDMENT NO. 9 TO FORM U-1, COLUMBIA GAS 1 File No. 70-8471 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Post-Effective Amendment No. 9 to Form U-1 JOINT APPLICATION-DECLARATION UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 THE COLUMBIA GAS SYSTEM, INC. COLUMBIA ENERGY SERVICES CORPORATION COLUMBIA GAS SYSTEM SERVICE CORPORATION COLUMBIA ENERGY MARKETING CORPORATION COLUMBIA LNG CORPORATION 121 Hill Pointe Drive COLUMBIA ATLANTIC TRADING CORPORATION Suite 100 TRISTAR VENTURES CORPORATION Canonsburg, Pennsylvania 15317TRISTAR CAPITAL CORPORATION TRISTAR PEDRICK LIMITED CORPORATION COLUMBIA GULF TRANSMISSION COMPANY TRISTAR PEDRICK GENERAL CORPORATION COLUMBIA GAS TRANSMISSION CORPORATION TRISTAR BINGHAMTON LIMITED CORPORATION 1700 MacCorkle Avenue, S.E. TRISTAR BINGHAMTON GENERAL CORPORATION Charleston, WV 25314 TRISTAR VINELAND LIMITED CORPORATION TRISTAR VINELAND GENERAL CORPORATION COLUMBIA GAS DEVELOPMENT CORPORATION TRISTAR RUMFORD LIMITED CORPORATION One Riverway TRISTAR GEORGETOWN GENERAL CORPORATION Houston, TX 77056 TRISTAR GEORGETOWN LIMITED CORPORATION TRISTAR FUEL CELLS CORPORATION COMMONWEALTH PROPANE, INC. TVC NINE CORPORATION COLUMBIA PROPANE CORPORATION TVC TEN CORPORATION 9200 Arboretum Parkway, Ste 140 20 Montchanin Road Richmond, VA 23236 Wilmington, DE 19807 COLUMBIA GAS OF KENTUCKY, INC. COLUMBIA NATURAL RESOURCES, INC COLUMBIA GAS OF OHIO, INC. COLUMBIA COAL GASIFICATION CORPORATION COLUMBIA GAS OF MARYLAND, INC. 900 Pennsylvania Avenue COLUMBIA GAS OF PENNSYLVANIA, INC. Charleston, WV 25302 COMMONWEALTH GAS SERVICES, INC. 200 Civic Center Drive Columbus, OH 43215
- -------------------------------------------------------------------------------- (Names of company or companies filing this statement and addresses of principal executive offices) THE COLUMBIA GAS SYSTEM, INC. - -------------------------------------------------------------------------------- (Name of top registered holding company parent of each applicant or declarant) L. J. Bainter, Treasurer THE COLUMBIA GAS SYSTEM, INC. 20 Montchanin Road Wilmington, DE 19807 - -------------------------------------------------------------------------------- (Name and address of agent for service) (Other Agents for Service are Listed on the Reverse Side of the Front Cover) 2 PAGE 2 Names and Addresses of Subsidiary Company Agents for Service: W. H. HARMON, Treasurer H. F. HAYES, Treasurer Columbia Natural Resources, Inc. Commonwealth Propane, Inc. Columbia Coal Gasification Corp. Columbia Propane Corporation 900 Pennsylvania Avenue 9200 Arboretum Parkway, Ste 140 Charleston, West Virginia 25302 Richmond, Virginia 23236 D. DETAR, Treasurer D. L. GELBAUGH, Vice President TriStar Ventures Corporation Columbia Gas of Ohio, Inc. TriStar Pedrick Limited Corporation Columbia Gas of Kentucky, Inc. TriStar Pedrick General Corporation Commonwealth Gas Services, Inc. TriStar Binghamton Limited Corporation Columbia Gas of Pennsylvania, Inc. TriStar Binghamton General Corporation Columbia Gas of Maryland, Inc. TriStar Vineland Limited Corporation 200 Civic Center Drive TriStar Vineland General Corporation Columbus, Ohio 43215 TriStar Rumford Limited Corporation TriStar Georgetown Limited Corporation S. L. PARKS-DOWNEY, Asst. Treasurer TriStar Georgetown General Corporation Columbia Gas Transmission Corporation TriStar Fuel Cells Corporation Columbia Gulf Transmission Company TVC Nine Corporation 1700 MacCorkle Avenue, S.E. TVC Ten Corporation Charleston, West Virginia 25314 20 Montchanin Road Wilmington, Delaware 19807 J. R. LISENBY, Treasurer Columbia Gas Development Corporation S. J. MacQueen, Treasurer One Riverway Columbia LNG Corporation Houston, Texas 77056 Columbia Atlantic Trading Corp. 20 Montchanin Road ROBERT GUSTAFSON, Controller Wilmington, Delaware 19807 Columbia Energy Services Corporation Columbia Energy Marketing Corporation L. J. BAINTER, Vice President 121 Hill Pointe Drive Columbia Gas System Service Corp. Suite 100 TriStar Capital Corporation Canonsburg, Pennsylvania 15317 20 Montchanin Road Wilmington, Delaware 19807
- -------------------------------------------------------------------------------- (Names and Addresses of Other Agents for Service) 3 PAGE 3 The Application-Declaration as previously filed is hereby amended as follows: Item 1. Description of Proposed Transaction (a) Furnish a reasonably detailed and precise description of the proposed transaction, including a statement of the reasons why it is desired to consummate the transaction and the anticipated effect thereof. If the transaction is part of a general program, describe the program and its relation to the proposed transaction. The last full paragraph on page 14 is deleted and replaced by the following: "The cost of money on all short-term advances from, and the investment rate for moneys invested in, the Money Pool will be the interest rate per annum (i) equal to the composite weighted average rate on short-term borrowings by Columbia deposited in the Money Pool and/or the Money Pool's weighted average short-term investment rate, or (ii) should there be no Columbia short-term borrowings deposited in the Money Pool and no Money Pool investments, the interest rate will be the average Federal Funds rate as published in the Federal Reserve Statistical Release, Publication H.15(519). A default rate equal to 2% per annum above the pre-default rate on unpaid principal or interest amounts will be assessed if any interest or principal payment becomes past due." Prior to Columbia's filing Chapter 11, the cost of money was a blended rate based on Columbia's short-term borrowing rate and/or the Money Pool investment rate, the same methodology proposed herein. During almost the entire time Columbia has been under Chapter 11, it has been in an excess cash position. The excess cash has been deposited in the Money Pool, thereby causing the Money Pool to be in an investing position. Upon emergence from Chapter 11, Columbia plans to borrow under a $1.0 Billion Reducing Revolving Credit Facility (the "Facility") and lend the proceeds to the Money Pool. The source of funds invested in the Money Pool by Columbia will no longer be excess cash, but proceeds from borrowing under the Facility. Columbia believes that the use of a blended rate as the interest rate on Money Pool transactions, a method used before by Columbia when it was in a borrowing position, is a fair and equitable method, since it insures that Columbia captures its cost of funds. Item 5. Procedure (a) State the date when Commission action is requested. If the date is less than 40 days from the date of the original filing, set forth the reasons for acceleration. It is requested that the Commission issue a Supplemental Order on or before December 29, 1995. 4 PAGE 4 SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned companies have duly caused this Post-Effective Amendment to be signed on their behalf by the undersigned thereunto duly authorized. The signatures of the applicants and of the persons signing on their behalf are restricted to the information contained in this application which is pertinent to the application of the respective companies. THE COLUMBIA GAS SYSTEM, INC. Date: November 28, 1995 By: /s/ L. J. Bainter ------------------------------- L. J. Bainter, Treasurer COLUMBIA GAS OF OHIO, INC. COLUMBIA GAS OF PENNSYLVANIA, INC. COLUMBIA GAS OF KENTUCKY, INC. COLUMBIA GAS OF MARYLAND, INC. COMMONWEALTH GAS SERVICES, INC. COLUMBIA GULF TRANSMISSION COMPANY COLUMBIA GAS TRANSMISSION CORPORATION COLUMBIA GAS DEVELOPMENT CORPORATION COLUMBIA PROPANE CORPORATION COMMONWEALTH PROPANE, INC. COLUMBIA GAS SYSTEM SERVICE CORPORATION COLUMBIA NATURAL RESOURCES, INC. COLUMBIA ATLANTIC TRADING CORPORATION COLUMBIA COAL GASIFICATION CORPORATION COLUMBIA LNG CORPORATION COLUMBIA ENERGY SERVICES CORPORATION COLUMBIA ENERGY MARKETING CORPORATION TRISTAR VENTURES CORPORATION TRISTAR CAPITAL CORPORATION Dated: November 28, 1995 By: /s/ L. J. Bainter ------------------------------- L. J. Bainter, Vice President TRISTAR VENTURES CORPORATION TRISTAR PEDRICK LIMITED CORPORATION TRISTAR PEDRICK GENERAL CORPORATION TRISTAR BINGHAMTON LIMITED CORPORATION TRISTAR BINGHAMTON GENERAL CORPORATION TRISTAR VINELAND LIMITED CORPORATION TRISTAR VINELAND GENERAL CORPORATION TRISTAR RUMFORD LIMITED CORPORATION TRISTAR FUEL CELLS CORPORATION TRISTAR GEORGETOWN GENERAL CORPORATION TRISTAR GEORGETOWN LIMITED CORPORATION TVC NINE CORPORATION TVC TEN CORPORATION Dated: November 28, 1995 By: /s/ D. Detar ------------------------------- D. Detar, Treasurer -----END PRIVACY-ENHANCED MESSAGE-----