Docket No. 070666-GU, Application of Florida City Gas (FCG), a Division of Pivotal Utility Holdings, Inc., for authority to issue short-term debt security pursuant to Section 366.04, Florida Statutes, and Chapter 25-8, Florida Administrative Code. ...

PUBLIC SERVICE COMMISSION

The Florida Public Service Commission announces a public meeting to which all persons are invited.
DATE AND TIME: November 20, 2007, 9:30 a.m.
PLACE: Betty Easley Conference Center, Room 148, 4075 Esplanade Way, Tallahassee, Florida 32301
GENERAL SUBJECT MATTER TO BE CONSIDERED: Docket No. 070666-GU, Application of Florida City Gas (FCG), a Division of Pivotal Utility Holdings, Inc., for authority to issue short-term debt security pursuant to Section 366.04, Florida Statutes, and Chapter 25-8, Florida Administrative Code. The Company seeks PSC approval pursuant to Section 366.04, Florida Statutes, to finance its on-going cash requirements through its participation and borrowings from and investments in AGL Resources Inc.’s (AGLR) Utility Money Pool. In addition, the Company seeks approval to make short-term borrowings not to exceed $800 million (aggregate for the Company’s three utilities) annually from the Utility Money Pool according to limits that are consistent, given the seasonal nature of the Company’s business and its anticipated cash demands, with the Company’s capitalization. FCG’s share of these borrowings will not exceed $250 million.
A copy of the agenda may be obtained by contacting: Office of the Commission Clerk at [phone].
For more information, you may contact: Katherine Fleming, Office of the General Counsel at [phone].