10/3/12 N.Y. St. Reg. PSC-19-12-00033-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 9/13/12, the PSC adopted an order approving the petition of Central Hudson Gas & Electric Corporation to sell up to $250 million of securities no later than 12/31/15 and authorized to enter into Revolving Credit Agreements for funding of $175 million.
Statutory authority:
Public Service Law, section 69
Subject:
Petition to sell up to $250 million of securities no later than 12/31/15 and enter into Revolving Credit Agreements.
Purpose:
To approve the petition to sell up to $250 million of securities no later than 12/31/15 and enter into Revolving Credit Agreements.
Substance of final rule:
The Commission, on September 13, 2012 adopted an order approving the petition of Central Hudson Gas & Electric Corporation to sell up to $250 million of securities in one or more transactions, no later than December 31, 2015 and authorized the Company to enter into Revolving Credit Agreements to provide committed funding of $175 million over a period not to exceed five years, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, NY 12223, (518) 486-2655, email:
leann.ayer@dps.ny.gov An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
