11/21/12 N.Y. St. Reg. PSC-47-12-00009-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 a petition filed by New York American Water Company, Inc. to issue up to approximately $40 million of long-term debt.
Statutory authority:
Public Service Law, section 89-f
Subject:
Issuance of Securities.
Purpose:
To allow or disallow New York American Water Company to issue long-term debt.
Substance of proposed rule:
The Public Service Commission is considering whether to approve, deny or modify, in whole or in part, a petition by New York American Water Company, Inc. f/k/a Long Island Water Corporation seeking authorization to issue up to approximately $40 million of long term debt to refinance existing long-term debt and finance new construction projects. 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, NY 12223-1350, (518) 486-2659, email:
Deborah.Swatling@dps.ny.govData, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530, 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.
