11/19/14 N.Y. St. Reg. PSC-46-14-00011-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering whether to approve, disapprove, or modify the use of the proceeds from the sale of New York American Water Company's Headquarters approved in case 14-W-0072 to offset its Revenue and Property Tax Reconciliation Mechanism.
Statutory authority:
Public Service Law, section 89-f
Subject:
Disposition of proceeds from sale of headquarters.
Purpose:
To allow or disallow New York American Water Company to use sales proceeds to offset its Revenue and Property Tax Reconciliation.
Substance of proposed rule:
The Commission is considering whether to approve, deny, or modify, in whole or in part, the use of the proceeds from the sale of New York American Water Company, Inc. (f/k/a Long Island Water Corporation) Headquarters approved in Case 14-W-0072 to offset its Revenue and Property Tax Reconciliation Mechanism. The Commission shall consider all other related matters.
Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.ny.gov/f96dir.htm. For questions, contact:
Deborah Swatling, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2659, email:
Deborah.Swatling@dps.ny.govData, views or arguments may be submitted to:
Kathleen H. Burgess, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-4535, email:
secretary@dps.ny.govPublic comment will be received until:
45 days after publication of this notice.
Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement
Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
