11/4/09 N.Y. St. Reg. PSC-43-07-00024-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 10/15/09, the PSC adopted an order authorizing the Joint Petition of KeySpan Energy Delivery New York and KeySpan Energy Delivery Long Island to issue one share each of Voting Junior Preferred Stock to a private independent entity.
Statutory authority:
Public Service Law, sections 69 and 108
Subject:
Issuance of securities and Amendment of Certificate of Incorporation.
Purpose:
To approve the issuance of one share each of Voting Junior Preferred Stock to a private independent entity.
Substance of final rule:
The Commission, on October 15, 2009, adopted an order authorizing the Joint Petition of KeySpan Energy Delivery New York and KeySpan Energy Delivery Long Island to issue one share each of Voting Junior Preferred Stock to a private independent entity, and approved an amendment to the Certificates of Incorporation if executed with the revisions described in the Order, 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, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email:
leann_ayer@dps.state.ny.us 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.
