Sunshine Act Meeting

TENNESSEE VALLEY AUTHORITY

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: Tennessee Valley Authority (Meeting No,

1508).

TIME AND DATE: 9 a.m. (CDT), September 23, 1998.

PLACE: Carroll County Civic Center, 201 Mustang Drive, Huntingdon,

Tennessee.

STATUS: Open.

Agenda

Approval of minutes of meeting held on August 19, 1998.

Discussion Item

Rate Review

New Business

A--Budget and Financing

A1. Approval of short-term borrowing from the Treasury.

B--Purchase Awards

B1. Contract with Nations Bank for a TVA travel card system.

B2. Supplements to contracts with BTG, Inc. (97BYC-142392-001), and

Tennessee Computer Specialist, Inc. (97BYC-142392-002), for an

indefinite quantity of personal computers, software, peripherals,

accessories, and integration services.

B3. Supplements to contracts with Sylvest Management Systems

Corporation (97BYQ-216424-001); BTG, Inc. (97BYQ-216424-002); Vista

Information Systems (97BYQ-216424-003); and Government Micro Resources,

Inc. (97BYQ-216424-004), for an indefinite quantity of UNIX-based

workstations and servers.

C--Energy

C1. Increase in prices under Dispersed Power Price Schedule--CSPP

(October 1, 1998).

E--Real Property Transactions

E1. Sale of a permanent industrial easement to Mead Containerboard,

Inc. (Tract No. XGR-7461E), affecting approximately 21 acres of land on

Guntersville Lake in Jackson County, Alabama, and amendment of the

Guntersville Reservoir Land Management Plan to change the allocated use

for a portion of Tract No. XGR-129PT from agriculture and wildlife

management to barge terminal and industrial access.

E2. Public auction sale of approximately 2.89 acres of TVA land on

Guntersville Lake in Marshall County, Alabama (Tract No. XGR-700).

E3. Abandonment of certain easement rights and modification of

certain restrictive covenants affecting approximately 0.33 acre of land

on Kentucky Lake in Perry County, Tennessee (Tract No. GIR-6449E).

E4. Sale of permanent easement to Zachary M. Walden affecting

approximately 0.01 acre of land located on Blue Ridge Lake in Fannin

County, Georgia (Tract No. XBRR-13E).

E5. Sale of a permanent easement of John Clabough affecting

approximately 0.02 acre of land on Norris Lake in Union County,

Tennessee (Tract No. XNR-905E).

E6. Deed modification affecting approximately 0.04 acre of former

TVA land on Norris Lake in Union County, Tennessee (Tract No. XNR-232).

E7. Deed modification affecting approximately 0.08 acre of former

TVA land on Chickamauga Lake in Hamilton County, Tennessee (Tract No.

XCR-515).

Information Items

1. Modification of Contract No. P-97P01-200076 with Arch Coal Sales

Company, resulting from renegotiation under a reopener provision.

2. Permanent easement to Tennessee Department of Transportation

affecting 4.55 acres of land on Douglas Lake in Jefferson County,

Tennessee (Tract No. XTDR-33H.

3. Delegation of authority to the Senior Vice President, Economic

Development, to compromise a debt owed to TVA by Mid-America Plastics,

Inc.

4. Approval for the Executive Vice President, Resource Group, to

enter into a contract with the Ministry of Interior, Republic of

Argentina, under which TVA would provide floodplain management

consulting services.

5. Modification of Contract No. P-93P07-115641 with U.S. Coal,

Inc., resulting from renegotiation under a reopener provision.

6. Modification of Contract No. P-91P08-116119 with Midwest Coal

Sales Company, resulting from renegotiation under a reopener provision.

7. Approval of new investment manager and proposed new Investment

Management Agreement between TVA Retirement System and WRH Partners

Global Securities, L.P.

8. Authorization to conduct a Financial Trading Pilot Program under

which TVA would trade the Chicago Board of Trade's TVA electricity

futures and options on futures contracts and enter into electricity-

related swap and option on swap transactions within certain specified

parameters and delegation of authority to the Chief Financial Officer

to carry out said Pilot Program.

9. Approval for the sale of Tennessee Valley Authority Power Bonds.

For more information: Please call TVA Public Relations at (423)

632-6000, Knoxville, Tennessee. Information is also available at TVA's

Washington Office (202) 898-2999.

Dated: September 16, 1998.

William L. Osteen,

Associate General Counsel

and Assistant Secretary.

[FR Doc. 98-25245 Filed 9-17-98; 10:51 am]

BILLING CODE 8120-08-M