SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------------------------------------------------------------------------
In the Matter of:
AMEREN CORPORATION SEMI-ANNUAL CERTIFICATE
UNION ELECTRIC DEVELOPMENT PURSUANT TO RULE 24 UNDER THE
CORPORATION PUBLIC UTILITY HOLDING COMPANY
CIPSCO INVESTMENT COMPANY ACT OF 1935
File No. 70-9965
================================================================================
Ameren Corporation ("Ameren"), a registered holding company, and its
subsidiaries named above, hereby file this certificate pursuant to Rule 24
reporting on transactions authorized by the Commission by order dated June 4,
2002 (Holding Co. Act Release No. 35-27536). This certificate is filed with
respect to transactions consummated during the period commencing June 4, 2002
and ending December 31, 2002.
File No. 70-9965:
----------------
a. The consolidated balance sheet and twelve-month statement of income as
of the end of the six-month period.
To be filed confidentially as Exhibits A and B under Rule 104.
b. The amount of revenues and any form of compensation received during
each six-month period ending June 30 or December 31 as applicable,
from any and all Tax Credit Projects directly or indirectly owned.
Neither Union Electric Development Corporation ("UEDC") or CIPSCO
Investment Company ("CIC") received any compensation or revenue for
the period June 4, 2002 through December 31, 2002.
c. The name of each new Tax Credit Project company in which an investment
was made during the six-month period and upon staff request a copy of
the applicable operating agreement.
UEDC made a $1,500,000 commitment to the St. Louis Equity Fund 2003
LLC.
d. The amounts of investment made during each six-month period in the Tax
Credit Projects and cumulative comparisons of the $125 million
authorized in this order.
Refer to attached Exhibit C.
e. The cumulative number of any and all Tax Credit Projects, and any
other investment position in any form of non-utility assets at the end
of each six-month period.
Refer to Note 2 to attached Exhibit C.
The undersigned registered holding company has duly caused this semi-annual
report to be signed on its behalf by the undersigned officer thereunto duly
authorized pursuant to the requirements of the Public Utility Holding Company
Act of 1935.
Ameren Corporation
By /s/ Jerre E. Birdsong Date: February 13, 2003
------------------------------------
Jerre E. Birdsong
Vice President and Treasurer
EXHIBIT C
Ameren - Equity Tax Credit Investment Summary
Union Electric Development Corporation (UEDC)
---------------------------------------------
Equity Invested as of
12/31/2001 06/03/2002 12/31/2002
St. Louis Equity Fund: St. Louis, MO Note 2
1988 LP $ 512,047 $ 512,047 $ 512,047
1990 LP $ 484,325 $ 484,325 $ 484,325
1991 LP $ 498,931 $ 498,931 $ 498,931
1992 LP $ 516,461 $ 516,461 $ 516,461
1993 LP $ 489,812 $ 489,812 $ 489,812
1994 LP $ 470,066 $ 480,547 $ 480,547
1995 LLC $ 479,643 $ 493,400 $ 493,400
1996 LLC $ 429,084 $ 518,245 $ 518,245
1997 LLC $ 466,716 $ 571,945 $ 571,945
1998 LLC $ 315,098 $ 403,877 $ 403,877
1999 LLC $ 258,107 $ 436,892 $ 436,892
2000 LLC $ 189,862 $ 349,811 $ 349,811
2001 LLC $ 90,000 $ 240,549 $ 240,549
2002 LLC $ 90,000 $ 90,000
2003 LLC Note 1
Housing Missouri, Inc: St. Louis, MO
1996 LLC $ 202,768 $ 244,862 $ 244,862
1997 LLC $ 190,192 $ 238,840 $ 238,840
1998 LLC $ 149,893 $ 195,413 $ 195,413
-------------------------------------------------------
Total UEDC: $5,743,005 $6,765,957 $6,765,957
CIPSCO IVESTMENT COMPANY (CIC)
------------------------------
Illinois Equity Fund: Springfield, Illinois
1992 LP $ 500,000 $ 500,000 $ 500,000
1994 LP $ 828,490 $ 920,131 $ 920,131
1996 LP $ 753,306 $ 899,048 $ 899,048
1998 LP $ 264,208 $ 349,144 $ 349,144
2000 LP $ 22,279 $ 59,731 $ 59,731
2002 LP
St. Louis Equity Fund: St. Louis, Missouri
1999 LLC $ 129,054 $ 218,447 $ 218,447
2000 LLC $ 94,931 $ 174,905 $ 174,905
2001 LLC $ 45,000 $ 120,275 $ 120,275
2002 LLC $ 45,000 $ 45,000
-------------------------------------------------------
Total CIC: $2,637,268 $3,241,681 $3,241,681
Ameren Corporation Total: $8,380,273 $10,007,638 $10,007,638
Notes
1 On December 19, 2002 UEDC signed a subscription agreement for the SLEF 2003
LLC fund in the amount of $1,500,000. As of year end no equity had been
paid on this investment.
2 There was no additional equity paid in during the period June 4, 2002
through 12/31/2002
SEC Authorized Amount $125,000,000 Remaining
Balance
Commitments prior to SEC Order $16,600,000 $108,400,000
Subsequent Commitments
SLEF 2003 (12/19/2002) $ 1,500,000 $106,900,000