-----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, Bb26TvnlDS4bWW1Hpq3/T6El+CRqIzMVjvND65vFT/3QuIqC24RWn+I8lh0I895g UBN/OXsi/PZvWOtX/H9Utw== 0001029590-99-000053.txt : 19990811 0001029590-99-000053.hdr.sgml : 19990811 ACCESSION NUMBER: 0001029590-99-000053 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990803 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLANTIC CITY ELECTRIC CO CENTRAL INDEX KEY: 0000008192 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 210398280 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-09485 FILM NUMBER: 99676500 BUSINESS ADDRESS: STREET 1: 800 KING STREET STREET 2: PO BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 BUSINESS PHONE: 6096454100 MAIL ADDRESS: STREET 1: 800 KING STREET STREET 2: PO BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 35-CERT 1 1 Filed with the Securities and Exchange Commission on August 2, 1999 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 In the Matter of INTERIM CERTIFICATE Conectiv and Atlantic City Electric Company OF File No. 70-9485 NOTIFICATION (Public Utility Holding Company Act of 1935) PURSUANT TO RULE 24 This Certificate of Notification pursuant to Rule 24 (18 C.F.R. s 250.24) is filed by Conectiv, a Delaware corporation and a registered holding company under the Public Utility Holding Company Act of 1935, as amended (the "Act") and Atlantic City Electric Company ("ACE"), a New Jersey corporation and an operating public utility company, in connection with the Form U-1 Application-Declaration (file no. 70-9485) as amended by Amendment No. 1 filed an application requesting authority under Section 9(a)(1) and 10, of the Act seeking authority to purchase a combustion turbine generating unit (Unit) previously held under a twenty-five year lease. An order (the "Order") was issued by the Securities and Exchange Commission ("Commission") with respect to the proposed transaction on June 29, 1999 and a corrected order was issued on July 9, 1999 correcting a typographical error. The following transaction for which authorization was requested in the Application/Declaration has been completed: On July 2, 1999, pursuant to the Order dated ACE purchased the 66,150 kilowatt combustion turbine generating unit located in the Township of East Greenwich, Gloucester County, New Jersey for $8,300,000. The foregoing transactions as described above and in the Application/Declaration have been carried out in accordance with the terms and conditions of and for the purposes represented by the Application/Declaration and the Order issued by the Commission with respect thereto. 2 SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned companies have duly caused this document to be signed on their behalf by the undersigned thereunto duly authorized. Conectiv DATE: August 2, 1999 /s/ Philip S. Reese Philip S. Reese Vice President & Treasurer Atlantic City Electric Company DATE: August 2, 1999 /s/ Philip S. Reese Philip S. Reese Vice President & Treasurer 3 EXHIBIT INDEX F-1 Opinion of Randall Griffin, Esq. EX-1 2 Randall V. Griffin Senior Counsel 800 King Street Wilmington, DE 19801 July 20, 1999 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 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 April 26, 1999 (the Application as amended is hereinafter referred to as the "Application"), seeking authorization to purchase a 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 June 29, 1999 and the corrected order dated July 9, 1999, correcting a typographical error, permitting the Application to become effective (Release No. 35-27043 and Release No. 35-27043A, respectively (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. Based on the foregoing, 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 combustion unit; 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/Randall V. Griffin Randall V. Griffin -----END PRIVACY-ENHANCED MESSAGE-----