UNITED STATES

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

___________________________________________________________________________

Application of Unitil Corporation

)

 
 

)

CERTIFICATE PURSUANT TO

and its Subsidiaries on Form U-1

)

RULE 24 UNDER THE PUBLIC

 

)

UTILITY HOLDING COMPANY ACT

(File No. 70-9633)

)

of 1935

__________________________________________________________________________

 

 

Pursuant to the requirements of Rule 24 under the Public Utility Holding Company Act of 1935, Unitil Corporation ("Unitil"), on behalf of itself and its subsidiaries, Concord Electric Company, Exeter & Hampton Electric Company, Fitchburg Gas and Electric Light Company, Unitil Power Corp., Unitil Realty Corp., Unitil Resources Inc. and Unitil Service Corp., hereby files the attached quarterly report as required by the Securities and Exchange Commission's order approving short-term borrowings by Unitil and its subsidiaries and approving the Unitil System money pool (HCAR. No. 27182; File No. 70-9633, June 9, 2000).

 

 

 

 

 

 

 

 

Exhibit

Exhibit A -

Quarterly Report of Unitil Corporation and Its Subsidiaries by Short-term

 

Borrowings and Money Pool Transactions for the Third quarter of 2002.

 

 

 

 

 

 

 

 

 

 

 

 

       

EXHIBIT A

 

 

 

QUARTERLY REPORT BY

UNITIL CORPORATION AND ITS SUBSIDIARIES

OF SHORT-TERM BORROWINGS

AND MONEY POOL TRANSACTIONS

FOR THE THIRD QUARTER OF 2002

         

Concord

Exeter & Hampton

Fitchburg

Unitil

Electric

Electric

Gas & Electric

Corporation

Company

Company

Light Company

(a)

Maximum Principal Amount

of Short-term Borrowings

Outstanding During the

Quarter:

Money Pool

N/A

$2,215,863

$4,117,142

$19,919,504

Banks

$25,745,000

None

None

None

(b)

Average Interest Rate for

the Money Pool Borrowings

During the Quarter*

N/A

2.32%

2.31%

2.28%

(c)

Maximum Amount Outstanding

By Company for Each Source

of Outside Borrowings

During the Quarter:

Fleet Bank - NH

$14,745,000

None

None

None

Citizens Bank

$5,000,000

None

None

None

Sovereign Bank

$6,000,000

None

None

None

* Excludes Bank Service and Commitment Fees

 

 

 

 

 

 

 

 

 

       

EXHIBIT A

QUARTERLY REPORT BY

UNITIL CORPORATION AND ITS SUBSIDIARIES

OF SHORT-TERM BORROWINGS

AND MONEY POOL TRANSACTIONS

FOR THE THIRD QUARTER OF 2002

 

UNITIL

UNITIL

UNITIL

UNITIL

Power

Realty

Service

Resources

Corp.

Corp.

Corp.

Inc.

(a)

Maximum Principal Amount

of Short-term Borrowings

Outstanding During the

Quarter:

Money Pool

$1,496,375

None

$5,997,170

$945,182

Banks

None

None

None

None

(b)

Average Interest Rate for

the Money Pool Borrowings

During the Quarter*

2.25%

None

2.28%

2.28%

(c)

Maximum Amount Outstanding

By Company for Each Source

of Outside Borrowings

During the Quarter:

Fleet Bank - NH

None

None

None

None

Citizens Bank

None

None

None None
Sovereign Bank

None

None

None None

* Excludes Bank Service and Commitment Fees

 

 

 

 

 

 

 

 

 

 

 

SIGNATURE

 

 

 

 

 

Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned company has duly caused this Certificate to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

UNITIL CORPORATION

   
   
   
 

By:        /s/ Mark H. Collin

 

               Mark H. Collin

 

               Treasurer

 

Dated: October 30, 2002