Sunshine Act Meeting, 41472-41474 [05-14219]
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41472
Federal Register / Vol. 70, No. 137 / Tuesday, July 19, 2005 / Notices
The Exchange proposed that the pilot
program extend one year from the date
of this approval.
2. Statutory Basis
The Exchange believes that the
proposed rule change is consistent with
Section 6(b) of the Act 5 in general, and
furthers the objectives of Section 6(b)(5)
of the Act 6 in particular, because it is
designed to prevent fraudulent and
manipulative acts and practices, to
promote just and equitable principles of
trade, to foster cooperation and
coordination with persons engaged in
facilitating transactions in securities,
and to remove impediments to and
perfect the mechanism of a free and
open market and a national market
system.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
The Exchange does not believe that
the proposed rule change would impose
any burden on competition not
necessary or appropriate in furtherance
of the purposes of the Act.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
Written comments on the proposed
rule change were neither solicited nor
received.
III. Discussion
After careful review, the Commission
finds that the proposal, as amended, is
consistent with the requirements of the
Act and the rules and regulations
thereunder applicable to a national
securities exchange.7 In particular, the
Commission believes that the proposal
is consistent with the requirements of
Section 6(b)(5) of the Act,8 which
requires, among other things, that the
rules of a national securities exchange
be designed to remove impediments to
and perfect the mechanism of a free and
open market and a national market
system and, in general, to protect
investors and the public interest.
The Commission believes that listing
and trading One Week Option Series,
under the terms described in the
Exchange’s proposal, will further the
public interest by allowing investors
new means of managing their risk
exposures and carrying out their
investment objectives. The Commission
5 15
U.S.C. 78f(b).
U.S.C. 78f(b)(5).
7 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
8 15 U.S.C. 78f(b)(5).
6 15
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17:15 Jul 18, 2005
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also believes that the pilot program
strikes a reasonable balance between the
Exchange’s desire to offer a wider array
of investment opportunities and the
need to avoid unnecessary proliferation
of option series that could compromise
options quotation capacity. The
Commission expects the Exchange to
monitor the trading and quotation
volume associated with the additional
option series created under the pilot
program and the effect of these
additional series on the capacity of the
Exchange’s, the Options Price Reporting
Authority’s, and vendors’ systems.
The Commission finds good cause
pursuant to Section 19(b)(2) of the Act 9
for approving the amended proposal
prior to the thirtieth day after its
publication in the Federal Register. The
Commission recently approved a rule
change proposed by the Chicago Board
Options Exchange, Incorporated
(‘‘CBOE’’) to list and trade short-term
options series.10 Because the CBOE
proposal was open for a full comment
period and CBOE adequately responded
to the issues raised by commenters, the
Commission does not believe that an
additional comment period for PCX’s
substantially identical proposal is
necessary. The Commission believes
that accelerating approval of PCX’s
proposal will benefit investors by
furthering competition, without undue
delay, among the markets that wish to
trade these products.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change, as amended, is consistent with
the Act. Comments may be submitted by
any of the following methods:
subject line if e-mail is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for inspection and copying in
the Commission’s Public Reference
Room. Copies of such filing also will be
available for inspection and copying at
the principal office of the Exchange. All
comments received will be posted
without change; the Commission does
not edit personal identifying
information from submissions. You
should submit only information that
you wish to make available publicly. All
submissions should refer to File
Number SR–PCX–2005–32 and should
be submitted on or before August 9,
2005.
V. Conclusion
For the foregoing reasons, the
Commission finds that the proposed
rule change, as amended, is consistent
with the requirements of the Act and the
rules and regulations thereunder.
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,11 that the
proposed rule change, as amended (SR–
PCX–2005–32), is hereby approved on
an accelerated basis and as a pilot
program, through July 12, 2006.
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an e-mail to rulecomments@sec.gov. Please include File
Number SR–PCX–2005–32 on the
subject line.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.12
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5–3810 Filed 7–18–05; 8:45 am]
Paper Comments
• Send paper comments in triplicate
to Jonathan G. Katz, Secretary,
Securities and Exchange Commission,
Station Place, 100 F Street, NE.,
Washington, DC 20549–9303.
All submissions should refer to File
Number SR–PCX–2005–32. This file
number should be included on the
TENNESSEE VALLEY AUTHORITY
U.S.C. 78s(b)(2).
Securities Exchange Act Release No. 52011
(July 12, 2005) (order approving SR–CBOE–2004–
63).
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9 15
BILLING CODE 8010–01–P
Sunshine Act Meeting
Tennessee
Valley Authority (Meeting No. 1560).
TIME AND DATE: 9 a.m. (EDT), July 22,
2005, TVA West Tower Auditorium, 400
West Summit Hill Drive, Knoxville,
Tennessee.
STATUS: Open.
AGENCY HOLDING THE MEETING:
10 See
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Fmt 4703
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11 15
12 17
E:\FR\FM\19JYN1.SGM
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
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Federal Register / Vol. 70, No. 137 / Tuesday, July 19, 2005 / Notices
C1. Contract with Thunder Basin Coal
Company LLC for Powder River Basin
coal to supply various TVA fossil
plants.
C2. Contract with Kennecott Energy
and Coal Company and Antelope Coal
for Power River Basin coal to supply
various TVA fossil plants.
C3. Supplement to contract with IBM
Corporation for mainframe products and
services.
Tract Nos. WDRE4A, S.4X and
WDRE4A, S.5X, in Lawrence County,
Alabama, to allow existing cabins
making up a part of Doublehead Resort
to remain at this location.
E7. Grant of a noncommercial,
nonexclusive permanent easement to
Charles Perry, affecting approximately
.43 acre of TVA land, Tract No. XGIR–
943RE, for construction and
maintenance of recreational water-use
facilities, in exchange for approximately
.55 acre of private land, Tract No. XGIR–
3948, and Mr. Perry’s agreement to
extinguish access rights affecting
approximately .1 acre of TVA land,
Tract No. XGIR–666, S.1X, on Kentucky
Reservoir in Benton and Henry
Counties, Tennessee, and land use
allocation change to the Kentucky
Reservoir Land Management Plan to
reflect these changes.
E—Real Property Transactions
F—Other
E1. Sale of four noncommercial,
nonexclusive permanent easements,
affecting approximately 1.09 acres of
land on Tellico Reservoir in Monroe and
Loudon Counties, Tennessee, Tract Nos.
XTELR–250RE, XTELR–251RE, XTELR–
252RE, and XTELR–253RE.
E2. Modification of certain deed
restrictions affecting approximately 3.9
acres of former TVA land on Norris
Reservoir in Union County, Tennessee,
Tract No. XNR–805, S.6X, to allow
placement of fill and construction of
dwellings and structures by Southland
Group, Inc., owner and operator of
Andersonville Marina and Campground.
E3. Sale of a permanent easement to
TDS Telecom, Inc., for a
telecommunication switching station,
affecting approximately .02 acre of land
on Fort Loudoun Reservoir in Knox
County, Tennessee, Tract No. XFL–
141E.
E4. Abandonment of certain
transmission line easement rights
affecting approximately 15.37 acres,
Tract No. MWJS–23, in exchange for
transmission line easement rights from
Jackson Energy Authority, affecting
approximately 11.51 acres in Madison
County, Tennessee, Tract Nos. MWSJR–
2, MWSJR–3, and MWSJR–4.
E5. Abandonment of certain
transmission line easement rights
affecting approximately 4.89 acres, Tract
Nos. HUC–74 and HUC–75, in exchange
for transmission line easement rights
from Waste Management, Inc., affecting
approximately 7.02 acres of land in
Benton County, Tennessee, Tract Nos.
HUCR–1 and HUCR–3.
E6. Abandonment of certain easement
rights affecting approximately 84.9 acres
of private land on Wilson Reservoir,
F1. Approval to file condemnation
cases to acquire easements and rights-ofway for transmission line projects
affecting the Murphy-Nottely and the
Murphy-Chatuge Transmission Lines in
Cherokee County, North Carolina.
Agenda
Approval of minutes of meeting held
on May 4, 2005.
New Business
A—Budget and Financing
A1. Proposed Rate Adjustment.
A2. Proposed Fiscal Year 2006 TVA
Budget.
C—Energy
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17:15 Jul 18, 2005
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Information Items
1. Approval of delegations of
authority relating to procurement
contracts, financings, and personnel and
compensation actions for an interim
period, commencing June 20, 2005, and
ending December 31, 2005.
2. Approval to file condemnation
cases to acquire the right to enter to
survey, appraise, and perform title
investigations and related activities for
the acquisition of easements and rightsof-way for the Cumberland Fossil PlantMontgomery Transmission Line in
Stewart County, Tennessee.
3. Approval to file condemnation
cases to acquire easements and rights-ofway for the Aspen Grove-Westhaven
Transmission Line in Williamson
County, Tennessee, and the MurphyBlairsville Tap to Ranger Transmission
Line in Cherokee County, North
Carolina.
4. Approval of a grant of a permanent
easement to the Scottsboro Water
Works, Sewer and Gas Board for the
construction of a sewer line, affecting
approximately .46 acre of land in
Jackson County, Alabama, Tract No.
XTGR–176S.
5. Approval of a grant of a permanent
easement to the City of Chattanooga for
highway relocation purposes and
modification of utility and road
easements necessary for a highway
relocation project, affecting
approximately 14.1 acres of land in
PO 00000
Frm 00105
Fmt 4703
Sfmt 4703
41473
Hamilton County, Tennessee, Tract No.
XTCR–204H.
6. Approval of delegation of authority
to the Executive Vice President and
General Counsel to review and approve
the Financial Disclosure Report filed by
TVA’s Designated Agency Ethics
Official.
7. Approval of delegation of authority
to the Executive Vice President, Fossil
Power Group, to enter into a contract
with the CIT Group Inc. for the lease of
railroad cars.
8. Approval to enter in blanket
contracts with GTSI Corp., Direct
Integration Specialists, Northrop
Grumman, and Netstar-1 for desktop
equipment, servers, and maintenance
for TVA’s information technology
infrastructure.
9. Approval to enter into a contract
with RWE NUKEM, Inc., for the
purchase of uranium hexafluoride to
supply nuclear fuel for Browns Ferry
Nuclear Plants Units 1 and 3.
10. Approval to revise and extend the
Competitive Indexed Rate arrangements
with BP Amoco Chemical Corporation.
11. Approval of adjusted blended
energy prices under the Time-of-Use
Blended Pricing Program arrangements
with Arnold Engineering Development
Center.
12. Approval to revise and extend the
Competitive Indexed Rate arrangements
with ISP Chemicals, Inc., Westlake
Chemical Corporation, Arkema Inc., and
Logan Aluminum Inc.
13. Approval to establish a Financial
Trading Program for the purpose of
hedging or otherwise limiting economic
risks directly associated with the cost of
natural gas and fuel oil for TVA’s power
generation operations, as well as certain
other risks.
14. Approval of a delegation of
authority to the Vice President,
Corporate Finance and Risk
Management, and designees, to
purchase, renew, and take other actions
in connection with directors and
officers insurance under an existing
contract with Marsh USA, Inc.
15. Approval to sell options to enter
into an interest rate swap associated
with call provisions that TVA has on
approximately $42 million of power
bonds and to take related actions.
16. Approval of a delegation of
authority to the Chief Financial Officer
and others to enter into credit facilities
with one or more financial institutions
not to exceed $5 billion at a time and
to borrow under those credit facilities.
17. Approval to sell up to $1 billion
of TVA power bonds.
18. Approval to sell up to $1 billion
of TVA power bonds.
E:\FR\FM\19JYN1.SGM
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41474
Federal Register / Vol. 70, No. 137 / Tuesday, July 19, 2005 / Notices
19. Approval of the amortization of
deferred nuclear generating unit costs.
For more information: Please call
TVA Media Relations at (865) 632–6000,
Knoxville, Tennessee. Information is
also available at TVA’s Washington
Office (202) 898–2999. People who plan
to attend the meeting and have special
needs should call (865) 632–6000.
Anyone who wishes to comment on any
of the agenda in writing may send their
comments to: TVA Board of Directors,
Board Agenda Comments, 400 West
Summit Hill Drive, Knoxville,
Tennessee 37902.
Dated: July 14, 2005.
Maureen H. Dunn,
General Counsel and Secretary.
[FR Doc. 05–14219 Filed 7–15–05; 10:23 am]
BILLING CODE 8120–08–P
DEPARTMENT OF TRANSPORTATION
National Highway Traffic Safety
Administration
[Docket No. NHTSA 2005–21858]
Performance of Advanced Crash
Avoidance Systems; Request for
Information
National Highway Traffic
Safety Administration (NHTSA),
Department of Transportation.
ACTION: Notice; Request for Information
and Expression of Interest in Research
Program.
AGENCY:
SUMMARY: The National Highway Traffic
Safety Administration (NHTSA) is
seeking information from all sources for
its Advanced Crash Avoidance
Technologies Program (ACAT). The
ACAT program seeks to determine the
safety impact of new and emerging
technologies that are intended to help
drivers avoid crashes, reduce the
severity, and prevent injuries.
DATES: Responses to this announcement
should be submitted on or before
August 18, 2005. See the
SUPPLEMENTARY INFORMATION section for
electronic access and filing addresses.
Note: This is neither a Request for
Proposals nor an Invitation for Bids.
You may submit comments
identified by the DOT DMS Docket
Number above by any of the following
methods:
• Web site: https://dms.dot.gov.
Follow the instructions for submitting
comments on the DOT electronic docket
site.
• Fax: 1–202–493–2251.
• Mail: Docket Management Facility;
U.S. Department of Transportation, 400
ADDRESSES:
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17:15 Jul 18, 2005
Jkt 205001
Seventh Street, SW., Nassif Building,
Room PL–401, Washington, DC 20590.
• Hand Delivery: Room PL–401 on
the plaza level of the Nassif Building,
400 Seventh Street, SW., Washington,
DC, between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays.
Note that all comments received will
be posted without change to https://
dms.dot.gov, including any personal
information provided. Docket: For
access to the docket to read background
documents or comments received, go to
https://dms.dot.gov at any time or to
Room PL–401 on the plaza level of the
Nassif Building, 400 Seventh Street,
SW., Washington, DC, between 9 a.m.
and 5 p.m., Monday through Friday,
except Federal holidays.
FOR FURTHER INFORMATION CONTACT:
Raymond Resendes, Office of Vehicle
Safety Research, NHTSA, NVS–332, 400
Seventh Street, SW., Washington, DC
20590 (telephone: (202) 366–2619, fax:
(202) 366–7237).
SUPPLEMENTARY INFORMATION: The
automotive industry has made
significant progress in the development
of advanced technologies that may offer
the promise of reducing many crashes
and their severities. Advanced
technologies that include sensing,
computing, positioning, and
communications may have the ability to
help drivers avoid imminent crashes or
the events that often lead to crashes and
reduce the severity of crashes that do
occur. For example, some of these
technologies address preventing
rollovers, improving visibility, reducing
tailgating and speed related crashes.
The effectiveness of these systems in
reducing crashes is not well understood.
Therefore, NHTSA is initiating a
research program that seeks to answer
the following questions:
1. What advanced vehicle features
help to avoid a crash, and reduce crash
severity when it occurs?
2. In what situations do these features
work?
3. How effective are these features in
preventing crashes and reducing their
severity and protecting vehicle
occupants?
NHTSA is implementing the program
plan described below as the means of
answering the above three questions
with objective information on the
performance capabilities of advanced
safety features. NHTSA hopes that
partnerships with motor vehicle
manufacturers and suppliers will play
an important role in the program. As
part of this request for information, we
are seeking expressions of interest in
such partnerships. It is NHTSA’s hope
that this program will build on the
PO 00000
Frm 00106
Fmt 4703
Sfmt 4703
successes achieved in other cooperative
programs, such as the Intelligent
Transportation Systems program.
Program Plan: The following series of
tasks will be used to develop tests and
procedures for specific devices and
systems:
Task 1—Priority Candidates: (1)
Identify new or emerging technologies
or systems that are priority candidates
for evaluation in this program. (2)
Develop a ‘‘top-level’’ engineering
description of performance for each
candidate. (3) Create a roadmap between
performance features and relevant
elements of the problem description. (4)
Develop a subjective estimate of the
impact of the system or technology on
each relevant element of the problem
description.
Task 2—Safety Impact Methodology:
(1) Develop the methodology for
incorporation of all relevant information
into credible estimates of safety impact.
(2) Create a computational framework
that provides consistent results. (3)
Create a standard set of descriptions for
the distribution of crash types and
causal factors. This will be a
comprehensive description of the crash
problem and crash and injury causation.
The comprehensive description must be
useable as a point of reference in
assessing performance of systems or
technologies. The problem descriptions
will be coordinated with vehicle safety
experts to assure that they are
universally adopted as the basis for
discussion of activities and studies.
Variations on the framework will be
necessary to accommodate all aspects of
safety impact; including crash
prevention, injury mitigation, effects of
distraction, etc. Any technology that is
already in production will have
associated real-world crash data. This
source needs to be incorporated in the
general framework.
Task 3—Objective Tests: (1) Develop
objective tests that can address the
salient features of system performance.
(2) Connect each feature of system
performance to either a reduction in the
likelihood that a risky situation will
develop or the likelihood that a crash
will occur in a specific situation. The
definitions of the situations are derived
from descriptions of situations in the
problem description; translate each
feature of system performance into a
generic test condition. Each test
condition must have the potential to be
objective and repeatable.
The following steps are involved in
determining the safety potential of
candidate technologies: (1) Establish
‘‘representative’’ values, or range of
values, for each parameter in the test
condition. Input from crash data files
E:\FR\FM\19JYN1.SGM
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Agencies
[Federal Register Volume 70, Number 137 (Tuesday, July 19, 2005)]
[Notices]
[Pages 41472-41474]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-14219]
=======================================================================
-----------------------------------------------------------------------
TENNESSEE VALLEY AUTHORITY
Sunshine Act Meeting
Agency Holding the Meeting: Tennessee Valley Authority (Meeting No.
1560).
Time and Date: 9 a.m. (EDT), July 22, 2005, TVA West Tower Auditorium,
400 West Summit Hill Drive, Knoxville, Tennessee.
Status: Open.
[[Page 41473]]
Agenda
Approval of minutes of meeting held on May 4, 2005.
New Business
A--Budget and Financing
A1. Proposed Rate Adjustment.
A2. Proposed Fiscal Year 2006 TVA Budget.
C--Energy
C1. Contract with Thunder Basin Coal Company LLC for Powder River
Basin coal to supply various TVA fossil plants.
C2. Contract with Kennecott Energy and Coal Company and Antelope
Coal for Power River Basin coal to supply various TVA fossil plants.
C3. Supplement to contract with IBM Corporation for mainframe
products and services.
E--Real Property Transactions
E1. Sale of four noncommercial, nonexclusive permanent easements,
affecting approximately 1.09 acres of land on Tellico Reservoir in
Monroe and Loudon Counties, Tennessee, Tract Nos. XTELR-250RE, XTELR-
251RE, XTELR-252RE, and XTELR-253RE.
E2. Modification of certain deed restrictions affecting
approximately 3.9 acres of former TVA land on Norris Reservoir in Union
County, Tennessee, Tract No. XNR-805, S.6X, to allow placement of fill
and construction of dwellings and structures by Southland Group, Inc.,
owner and operator of Andersonville Marina and Campground.
E3. Sale of a permanent easement to TDS Telecom, Inc., for a
telecommunication switching station, affecting approximately .02 acre
of land on Fort Loudoun Reservoir in Knox County, Tennessee, Tract No.
XFL-141E.
E4. Abandonment of certain transmission line easement rights
affecting approximately 15.37 acres, Tract No. MWJS-23, in exchange for
transmission line easement rights from Jackson Energy Authority,
affecting approximately 11.51 acres in Madison County, Tennessee, Tract
Nos. MWSJR-2, MWSJR-3, and MWSJR-4.
E5. Abandonment of certain transmission line easement rights
affecting approximately 4.89 acres, Tract Nos. HUC-74 and HUC-75, in
exchange for transmission line easement rights from Waste Management,
Inc., affecting approximately 7.02 acres of land in Benton County,
Tennessee, Tract Nos. HUCR-1 and HUCR-3.
E6. Abandonment of certain easement rights affecting approximately
84.9 acres of private land on Wilson Reservoir, Tract Nos. WDRE4A, S.4X
and WDRE4A, S.5X, in Lawrence County, Alabama, to allow existing cabins
making up a part of Doublehead Resort to remain at this location.
E7. Grant of a noncommercial, nonexclusive permanent easement to
Charles Perry, affecting approximately .43 acre of TVA land, Tract No.
XGIR-943RE, for construction and maintenance of recreational water-use
facilities, in exchange for approximately .55 acre of private land,
Tract No. XGIR-3948, and Mr. Perry's agreement to extinguish access
rights affecting approximately .1 acre of TVA land, Tract No. XGIR-666,
S.1X, on Kentucky Reservoir in Benton and Henry Counties, Tennessee,
and land use allocation change to the Kentucky Reservoir Land
Management Plan to reflect these changes.
F--Other
F1. Approval to file condemnation cases to acquire easements and
rights-of-way for transmission line projects affecting the Murphy-
Nottely and the Murphy-Chatuge Transmission Lines in Cherokee County,
North Carolina.
Information Items
1. Approval of delegations of authority relating to procurement
contracts, financings, and personnel and compensation actions for an
interim period, commencing June 20, 2005, and ending December 31, 2005.
2. Approval to file condemnation cases to acquire the right to
enter to survey, appraise, and perform title investigations and related
activities for the acquisition of easements and rights-of-way for the
Cumberland Fossil Plant-Montgomery Transmission Line in Stewart County,
Tennessee.
3. Approval to file condemnation cases to acquire easements and
rights-of-way for the Aspen Grove-Westhaven Transmission Line in
Williamson County, Tennessee, and the Murphy-Blairsville Tap to Ranger
Transmission Line in Cherokee County, North Carolina.
4. Approval of a grant of a permanent easement to the Scottsboro
Water Works, Sewer and Gas Board for the construction of a sewer line,
affecting approximately .46 acre of land in Jackson County, Alabama,
Tract No. XTGR-176S.
5. Approval of a grant of a permanent easement to the City of
Chattanooga for highway relocation purposes and modification of utility
and road easements necessary for a highway relocation project,
affecting approximately 14.1 acres of land in Hamilton County,
Tennessee, Tract No. XTCR-204H.
6. Approval of delegation of authority to the Executive Vice
President and General Counsel to review and approve the Financial
Disclosure Report filed by TVA's Designated Agency Ethics Official.
7. Approval of delegation of authority to the Executive Vice
President, Fossil Power Group, to enter into a contract with the CIT
Group Inc. for the lease of railroad cars.
8. Approval to enter in blanket contracts with GTSI Corp., Direct
Integration Specialists, Northrop Grumman, and Netstar-1 for desktop
equipment, servers, and maintenance for TVA's information technology
infrastructure.
9. Approval to enter into a contract with RWE NUKEM, Inc., for the
purchase of uranium hexafluoride to supply nuclear fuel for Browns
Ferry Nuclear Plants Units 1 and 3.
10. Approval to revise and extend the Competitive Indexed Rate
arrangements with BP Amoco Chemical Corporation.
11. Approval of adjusted blended energy prices under the Time-of-
Use Blended Pricing Program arrangements with Arnold Engineering
Development Center.
12. Approval to revise and extend the Competitive Indexed Rate
arrangements with ISP Chemicals, Inc., Westlake Chemical Corporation,
Arkema Inc., and Logan Aluminum Inc.
13. Approval to establish a Financial Trading Program for the
purpose of hedging or otherwise limiting economic risks directly
associated with the cost of natural gas and fuel oil for TVA's power
generation operations, as well as certain other risks.
14. Approval of a delegation of authority to the Vice President,
Corporate Finance and Risk Management, and designees, to purchase,
renew, and take other actions in connection with directors and officers
insurance under an existing contract with Marsh USA, Inc.
15. Approval to sell options to enter into an interest rate swap
associated with call provisions that TVA has on approximately $42
million of power bonds and to take related actions.
16. Approval of a delegation of authority to the Chief Financial
Officer and others to enter into credit facilities with one or more
financial institutions not to exceed $5 billion at a time and to borrow
under those credit facilities.
17. Approval to sell up to $1 billion of TVA power bonds.
18. Approval to sell up to $1 billion of TVA power bonds.
[[Page 41474]]
19. Approval of the amortization of deferred nuclear generating
unit costs.
For more information: Please call TVA Media Relations at (865) 632-
6000, Knoxville, Tennessee. Information is also available at TVA's
Washington Office (202) 898-2999. People who plan to attend the meeting
and have special needs should call (865) 632-6000. Anyone who wishes to
comment on any of the agenda in writing may send their comments to: TVA
Board of Directors, Board Agenda Comments, 400 West Summit Hill Drive,
Knoxville, Tennessee 37902.
Dated: July 14, 2005.
Maureen H. Dunn,
General Counsel and Secretary.
[FR Doc. 05-14219 Filed 7-15-05; 10:23 am]
BILLING CODE 8120-08-P