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As filed with the Securities and Exchange Commission September 7, 2001
File No. 70-9861
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 5
TO
FORM U-1
APPLICATION/DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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Great Plains Energy Incorporated
Kansas City Power & Light Company
Great Plains Power, Incorporated
KCPL Receivable Corporation
1201 Walnut Street
Kansas City, Missouri 64106
KLT Inc.
10740 Nall Street, Suite 230
Overland Park, Kansas 66211
(Names of companies filing this statement and addresses
of principal executive offices)
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Great Plains Energy Incorporated*
(Name of top registered holding company parent of each applicant or declarant)
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Bernard J. Beaudoin
Chief Executive Officer
Great Plains Energy Incorporated
1201 Walnut Street
Kansas City, Missouri 64106
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The Commission is requested to mail copies of all orders, notices
and other communications to:
William G. Riggins, Esq. Nancy A. Lieberman, Esq.
General Counsel W. Mason Emnett, Esq.
Kansas City Power & Light Company William C. Weeden
1201 Walnut Street Skadden, Arps, Slate,
Kansas City, Missouri 64106 Meagher & Flom LLP
1440 New York Avenue, N.W.
Washington, D.C. 20008
* Great Plains Energy Incorporated will register as a public utility
holding company upon completion of the reorganization described in Item
1 of this Application/Declaration.
Kansas City Power & Light Company, a Missouri corporation
("KCPL"), and the other KCPL subsidiaries identified on the signature page
herby amend the Application/Declaration on Form U-1 in File No. 70-9861 as
follows:
1. By amending and restating the sixth paragraph and corresponding footnote 21
in Item 1.A.2.c. as follows:
o KLT Gas Inc. ("KLT Gas") owns and operates interests in oil
and gas producing properties and invests in companies which
in turn own and operate interests in oil and gas producing
properties, some of which are in or near KCPL's retail
electric service territory. KLT Gas' primary focus is on
coal bed methane producing properties, but also has a 50
percent working interest in natural gas producing properties
in south Texas. KLT Gas and the companies in which it
invests produce and gather gas, which is then transported on
third-party pipelines and sold at wholesale. Gas produced by
KLT Gas is made available to Strategic Energy for use in the
provision of gas supply management services to its end
users. Most of KLT Gas' properties are located near KCPL's
service territory, and gas produced by KLT Gas also is and
will be made available to KCPL and Great Plains Power for
use in their current and anticipated gas-fired generation.
KLT Gas, as a producer of hydrocarbons, further provides a
natural hedge mechanism to KCPL and Great Plains Power as
consumers of hydrocarbons. KLT Gas and its investments do
not own interstate pipelines or local distribution
facilities, and do not sell gas at retail. KLT Gas also owns
FAR Gas Acquisitions Corporation, which holds limited
partnership interests in coal bed methane gas well
properties.21
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21 The retention of such incidental gas investments is consistent with
Commis sion precedent. See American Electric Power Co., Holding Co.
Act Release No. 27313 (Dec. 21, 2000); see also New Century Energies,
Holding Co. Act Release No. 27212 (Aug. 16, 2000); The Columbia Gas
System, Inc., et. al., Holding Co. Act Release No. 21895 (Jan. 23,
1981).
2. By amending and restating the thirteenth paragraph and corresponding
footnote 25 in Item 1.A.2.c. as follows:
KLT Investments II is in the process of liquidating its
interests in CFB, KCEP, and Envirotech. To that end, KLT
Investments II is seeking a purchaser for its interests in
CFB and has entered into a letter agreement to sell its
interests in KCEP and Envirotech, subject to the negotiation
of definitive documents.25
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25 The Commission is requested to reserve jurisdiction over Great Plains
Energy's retention of KLT Investments II and its subsidiaries for a
period of three years following the Reorganization and Great Plains
Energy's registra tion under the Act. See CP&L Energy, Inc., Holding
Co. Act Release No. 27284 (Nov. 27, 2000) (reserving jurisdiction over
retention of nonutility businesses for a period of three years from
registration)
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company
Act of 1935, the undersigned Applicants have duly caused this pre-effective
Amend ment No. 5 to their Application/Declaration on Form U-1 to be signed
on their behalf by the undersigned thereunto duly authorized.
GREAT PLAINS ENERGY INCORPORATED
1201 Walnut Street
Kansas City, Missouri 64106
/s/ Bernard J. Beaudoin Date: September 7, 2001
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Name: Bernard J. Beaudoin
Title: Chairman of the Board, President
and Chief Executive Officer
KANSAS CITY POWER AND LIGHT COMPANY
1201 Walnut Street Kansas City,
Missouri 64106
/s/ Bernard J. Beaudoin Date: September 7, 2001
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Name: Bernard J. Beaudoin
Title: Chairman of the Board, President
and Chief Executive Officer
KLT INC.
10740 Nall Street, Suite 230
Overland Park, Kansas 66211
/s/ Gregory J. Orman Date: September 7, 2001
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Name: Gregory J. Orman
Title: President and CEO
GREAT PLAINS POWER, INCORPORATED
1201 Walnut Street
Kansas City, Missouri 64106
/s/ John J. DeStefano Date: September 7, 2001
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Name: John J. DeStefano
Title: Vice President
KCPL RECEIVABLE CORPORATION
1201 Walnut Street
Kansas City, Missouri 64106
/s/ Andrea F. Bielsker Date: September 7, 2001
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Name: Andrea F. Bielsker
Title: President